Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $6.31, but opened at $5.64. Falcon's Beyond Global shares last traded at $6.01, with a volume of 1,859 shares.
Falcon's Beyond Global Stock Performance
The stock has a market cap of $729.15 million, a price-to-earnings ratio of 59.32 and a beta of -1.77. The company has a 50-day simple moving average of $6.42 and a two-hundred day simple moving average of $6.92.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share for the quarter. Falcon's Beyond Global had a negative return on equity of 1.43% and a net margin of 18.35%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of Falcon's Beyond Global by 20.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock worth $135,000 after purchasing an additional 2,806 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Falcon's Beyond Global by 22.8% during the 4th quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock worth $397,000 after purchasing an additional 9,499 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of Falcon's Beyond Global during the 1st quarter worth approximately $90,000. Northern Trust Corp acquired a new position in shares of Falcon's Beyond Global during the 4th quarter worth approximately $89,000. Finally, HighTower Advisors LLC acquired a new position in shares of Falcon's Beyond Global during the 1st quarter worth approximately $124,000. Institutional investors and hedge funds own 38.88% of the company's stock.
About Falcon's Beyond Global
(
Get Free Report)
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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