Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $5.21, but opened at $5.45. Falcon's Beyond Global shares last traded at $5.71, with a volume of 409 shares.
Falcon's Beyond Global Trading Up 0.7%
The stock has a 50 day simple moving average of $6.64 and a 200-day simple moving average of $7.17. The firm has a market cap of $694.08 million, a P/E ratio of 56.46 and a beta of -1.65.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released 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 Trading of Falcon's Beyond Global
Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of Falcon's Beyond Global by 22.8% in 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 period. Northern Trust Corp purchased a new position in shares of Falcon's Beyond Global in the 4th quarter worth approximately $89,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Falcon's Beyond Global by 20.0% in 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 period. Cassaday & Co Wealth Management LLC purchased a new position in shares of Falcon's Beyond Global in the 1st quarter worth approximately $90,000. Finally, AllGen Financial Advisors Inc. purchased a new position in shares of Falcon's Beyond Global in the 1st quarter worth approximately $209,000. Institutional investors 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.
See Also
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.