Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s stock price was up 3.8% on Monday . The company traded as high as $6.90 and last traded at $7.00. Approximately 813 shares traded hands during mid-day 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 Trading Up 3.8 %
The company's 50 day moving average is $7.96 and its 200-day moving average is $7.53. The company has a market capitalization of $964.96 million, a P/E ratio of 5.28 and a beta of -2.11.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its earnings results on Thursday, April 3rd. The company reported ($0.42) earnings per share for the quarter. The business had revenue of $1.36 million for the quarter.
Institutional Investors Weigh In On Falcon's Beyond Global
Several hedge funds have recently added to or reduced their stakes in the stock. Cassaday & Co Wealth Management LLC purchased a new position in shares of Falcon's Beyond Global in the 1st quarter worth about $90,000. Northern Trust Corp bought a new stake in Falcon's Beyond Global during the 4th quarter valued at about $89,000. Wealth Enhancement Advisory Services LLC raised its holdings in Falcon's Beyond Global by 20.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock worth $135,000 after buying an additional 2,806 shares during the last quarter. AllGen Financial Advisors Inc. purchased a new stake in shares of Falcon's Beyond Global during the first quarter valued at approximately $209,000. Finally, Geode Capital Management LLC increased its position in shares of Falcon's Beyond Global by 22.8% during the fourth 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. 38.88% of the stock is 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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