Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) traded down 3.8% during mid-day trading on Friday . The stock traded as low as $6.98 and last traded at $6.70. 5,457 shares changed hands during trading, a decline of 67% from the average session volume of 16,632 shares. The stock had previously closed at $6.96.
Falcon's Beyond Global Price Performance
The company's 50-day moving average price is $7.41 and its 200-day moving average price is $7.41. The company has a market cap of $809.57 million, a P/E ratio of 66.95 and a beta of -2.11.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of FBYD. Geode Capital Management LLC boosted its holdings 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 worth $397,000 after acquiring an additional 9,499 shares during the period. Northern Trust Corp acquired a new stake in Falcon's Beyond Global during the 4th quarter worth approximately $89,000. Wealth Enhancement Advisory Services LLC boosted its stake 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 purchasing an additional 2,806 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in Falcon's Beyond Global in the 1st quarter valued at $90,000. Finally, AllGen Financial Advisors Inc. bought a new position in Falcon's Beyond Global during the 1st quarter worth $209,000. 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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
