Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) were down 4.8% during trading on Friday . The company traded as low as $6.31 and last traded at $6.09. Approximately 378 shares changed hands during trading, a decline of 98% from the average daily volume of 16,527 shares. The stock had previously closed at $6.39.
Falcon's Beyond Global Stock Down 5.2%
The stock has a market cap of $790.83 million, a PE ratio of 65.40 and a beta of -2.11. The firm has a fifty day moving average of $7.51 and a 200 day moving average of $7.43.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter.
Institutional Trading of Falcon's Beyond Global
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FBYD. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 buying an additional 2,806 shares in the last quarter. Geode Capital Management LLC lifted its position in Falcon's Beyond Global by 22.8% in 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 during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in Falcon's Beyond Global in the first quarter valued at $90,000. Northern Trust Corp purchased a new position in shares of Falcon's Beyond Global during the fourth quarter worth about $89,000. Finally, HighTower Advisors LLC acquired a new stake in shares of Falcon's Beyond Global during the first quarter worth about $124,000. 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.
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