Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Down - Should You Sell?

Key Points

• Falcon's Beyond Global shares opened at $7.06, down from a previous close of $7.46, marking a decline of 9.5% during trading.
• The company reported a **net margin** of 146.55% and a **negative return on equity** of 82.54% in its last quarterly earnings.
• Institutional investors hold **38.88%** of the company’s stock, with several increasing their stakes significantly in the first quarter.

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $7.46, but opened at $7.06. Falcon's Beyond Global shares last traded at $7.26, with a volume of 1,393 shares changing hands.

Falcon's Beyond Global Stock Up 25.2%

The firm has a 50 day moving average price of $6.75 and a two-hundred day moving average price of $7.13. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 32.66. The company has a market capitalization of $968.40 million, a price-to-earnings ratio of 20.34 and a beta of -1.77.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $2.55 million during the quarter. Falcon's Beyond Global had a negative return on equity of 82.54% and a net margin of 146.55%.

Institutional Trading of Falcon's Beyond Global

Several large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Falcon's Beyond Global by 20.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock valued at $135,000 after acquiring an additional 2,806 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of Falcon's Beyond Global during the first quarter worth about $90,000. Northern Trust Corp bought a new position in shares of Falcon's Beyond Global during the fourth quarter worth about $89,000. HighTower Advisors LLC bought a new position in shares of Falcon's Beyond Global during the first quarter worth about $124,000. Finally, AllGen Financial Advisors Inc. bought a new position in shares of Falcon's Beyond Global during the first quarter worth about $209,000. 38.88% of the stock is currently owned by institutional investors and hedge funds.

Falcon's Beyond Global Company Profile

Falcon's Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.