Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.12, but opened at $7.73. Falcon's Beyond Global shares last traded at $7.20, with a volume of 3,658 shares.
Falcon's Beyond Global Price Performance
The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 32.66. The stock's fifty day moving average price is $6.69 and its two-hundred day moving average price is $7.14. The firm has a market capitalization of $855.80 million, a price-to-earnings ratio of 17.97 and a beta of -1.77.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.30 EPS for the quarter. The firm had revenue of $2.55 million for the quarter. Falcon's Beyond Global had a net margin of 146.55% and a negative return on equity of 82.54%.
Institutional Trading of Falcon's Beyond Global
Several institutional investors and hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Falcon's Beyond Global by 147.4% in 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 in the last quarter. AllGen Financial Advisors Inc. purchased a new stake in shares of Falcon's Beyond Global in the first quarter valued at about $209,000. HighTower Advisors LLC purchased a new stake in shares of Falcon's Beyond Global in the first quarter valued at about $124,000. Northern Trust Corp purchased a new stake in shares of Falcon's Beyond Global in the fourth quarter valued at about $89,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in shares of Falcon's Beyond Global in the first quarter valued at about $90,000. Hedge funds and other institutional investors own 38.88% of the company's stock.
About Falcon's Beyond Global
(
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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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