Free Trial

Falcon's Beyond Global (NASDAQ:FBYD) Shares Gap Down - Here's Why

Falcon's Beyond Global logo with Multi-Sector Conglomerates background

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares gapped down prior to trading 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 traded.

Falcon's Beyond Global Price Performance

The stock has a market cap of $729.15 million, a PE ratio of 59.32 and a beta of -1.77. The firm's 50 day moving average price is $6.43 and its two-hundred day moving average price is $6.96.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter. Falcon's Beyond Global had a net margin of 18.35% and a negative return on equity of 1.43%.

Institutional Investors Weigh In On Falcon's Beyond Global

Hedge funds have recently bought and sold shares of the stock. Cassaday & Co Wealth Management LLC purchased a new stake in Falcon's Beyond Global in the first quarter worth $90,000. Northern Trust Corp purchased a new position in Falcon's Beyond Global during the 4th quarter valued at $89,000. HighTower Advisors LLC bought a new position in shares of Falcon's Beyond Global in the 1st quarter worth approximately $124,000. Wealth Enhancement Advisory Services LLC lifted its position in 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 buying an additional 2,806 shares during the period. Finally, AllGen Financial Advisors Inc. purchased a new stake in Falcon's Beyond Global in the first quarter worth about $209,000. 38.88% of the stock is currently owned by institutional investors.

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.

Featured Articles

Should You Invest $1,000 in Falcon's Beyond Global Right Now?

Before you consider Falcon's Beyond Global, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Falcon's Beyond Global wasn't on the list.

While Falcon's Beyond Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines