Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report)'s stock price fell 3.8% on Friday . The stock traded as low as $6.98 and last traded at $6.70. 5,457 shares were traded 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 Stock Performance
The firm has a market cap of $810.18 million, a price-to-earnings ratio of 67.00 and a beta of -1.65. The company's fifty day moving average is $7.34 and its two-hundred day moving average is $7.40.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share for the quarter.
Hedge Funds Weigh In On Falcon's Beyond Global
Institutional investors have recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC acquired a new position in Falcon's Beyond Global in the 1st quarter worth $90,000. Northern Trust Corp acquired a new position in Falcon's Beyond Global in the 4th quarter worth $89,000. HighTower Advisors LLC acquired a new position in Falcon's Beyond Global in the 1st quarter worth $124,000. Wealth Enhancement Advisory Services LLC lifted its holdings 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 worth $135,000 after buying an additional 2,806 shares in the last quarter. Finally, AllGen Financial Advisors Inc. acquired a new position in Falcon's Beyond Global in the 1st quarter worth $209,000. Institutional investors and hedge funds own 38.88% of the company's stock.
Falcon's Beyond Global Company Profile
(
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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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