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 changing hands.
Falcon's Beyond Global Price Performance
The stock has a market cap of $689.24 million, a price-to-earnings ratio of 56.07 and a beta of -1.65. The firm has a 50 day simple moving average of $6.69 and a two-hundred day simple moving average of $7.21.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share (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 Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Northern Trust Corp bought a new position in shares of Falcon's Beyond Global during the 4th quarter worth approximately $89,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Falcon's Beyond Global during the 1st quarter worth approximately $90,000. HighTower Advisors LLC bought a new position in shares of Falcon's Beyond Global during the 1st quarter worth approximately $124,000. Wealth Enhancement Advisory Services LLC boosted its stake 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 acquiring an additional 2,806 shares during the period. Finally, AllGen Financial Advisors Inc. bought a new position in shares of Falcon's Beyond Global during the 1st quarter worth approximately $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.
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