Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $5.76, but opened at $5.97. Falcon's Beyond Global shares last traded at $5.94, with a volume of 7,629 shares.
Falcon's Beyond Global Stock Performance
The company's 50 day moving average price is $6.56 and its 200-day moving average price is $7.09. The stock has a market cap of $689.24 million, a P/E ratio of 56.66 and a beta of -1.77.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter. Falcon's Beyond Global had a negative return on equity of 1.43% and a net margin of 18.35%.
Institutional Investors Weigh In On Falcon's Beyond Global
Several large investors have recently made changes to their positions in FBYD. Wealth Enhancement Advisory Services LLC grew its position in 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 buying an additional 24,816 shares during the period. AllGen Financial Advisors Inc. purchased a new position in Falcon's Beyond Global in the first quarter valued at about $209,000. HighTower Advisors LLC bought a new position in shares of Falcon's Beyond Global during the 1st quarter valued at approximately $124,000. Northern Trust Corp purchased a new stake in shares of Falcon's Beyond Global during the 4th quarter worth approximately $89,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of Falcon's Beyond Global in the 1st quarter worth approximately $90,000. 38.88% of the stock is owned by hedge funds and other 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.
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