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

Key Points

• Falcon's Beyond Global (NASDAQ:FBYD) experienced a significant gap down, opening at $12.71 after a prior close of $13.47, with shares last trading at $13.70.
• The company's debt-to-equity ratio is notably high at 32.66, and it reported a negative return on equity of 82.54%, raising concerns about its financial stability.
• Institutional investors have shown increased interest in Falcon's Beyond Global, with several firms purchasing new stakes during the first quarter of the year.

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $13.47, but opened at $12.71. Falcon's Beyond Global shares last traded at $13.70, with a volume of 10,290 shares traded.

Falcon's Beyond Global Trading Up 5.5%

The company has a debt-to-equity ratio of 32.66, a quick ratio of 0.51 and a current ratio of 0.51. The company has a 50-day simple moving average of $7.54 and a 200 day simple moving average of $7.32. The company has a market capitalization of $1.72 billion, a P/E ratio of 36.13 and a beta of -1.77.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC bought a new stake in shares of Falcon's Beyond Global during the first quarter valued at approximately $124,000. AllGen Financial Advisors Inc. bought a new stake in shares of Falcon's Beyond Global during the first quarter valued at approximately $209,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Falcon's Beyond Global during the first quarter valued at approximately $90,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Falcon's Beyond Global by 147.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,657 shares of the company's stock valued at $363,000 after purchasing an additional 24,816 shares during the period. Finally, Northern Trust Corp bought a new stake in shares of Falcon's Beyond Global during the fourth quarter valued at approximately $89,000. 38.88% of the stock is owned by institutional investors.

About Falcon's Beyond Global

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.

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