Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s share price rose 3.8% during mid-day trading on Monday . The company traded as high as $6.90 and last traded at $7.00. Approximately 813 shares traded hands during trading, a decline of 95% from the average daily volume of 15,753 shares. The stock had previously closed at $6.74.
Falcon's Beyond Global Stock Performance
The business has a fifty day simple moving average of $7.98 and a 200-day simple moving average of $7.56. The stock has a market capitalization of $814.41 million, a P/E ratio of 4.46 and a beta of -2.11.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last issued its earnings results on Thursday, April 3rd. The company reported ($0.42) earnings per share (EPS) for the quarter. The company had revenue of $1.36 million for the quarter.
Institutional Investors Weigh In On Falcon's Beyond Global
A number of hedge funds have recently added to or reduced their stakes in the company. Northern Trust Corp bought a new position in shares of Falcon's Beyond Global in the fourth quarter valued at $89,000. Wealth Enhancement Advisory Services LLC lifted its position in 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 valued at $135,000 after acquiring an additional 2,806 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in 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 valued at $397,000 after acquiring an additional 9,499 shares in the last quarter. Institutional investors and hedge funds own 38.88% of the company's stock.
Falcon's Beyond Global Company Profile
(
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.
Further Reading
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