Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) dropped 4.8% during trading on Friday . The stock traded as low as $6.31 and last traded at $6.09. Approximately 378 shares were traded 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 Performance
The company's 50-day moving average is $7.55 and its 200 day moving average is $7.44. The company has a market capitalization of $773.90 million, a PE ratio of 64.00 and a beta of -2.11.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter.
Institutional Trading of Falcon's Beyond Global
Several institutional investors have recently bought and sold shares of FBYD. Geode Capital Management LLC grew its position in Falcon's Beyond Global by 22.8% during the 4th quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock valued at $397,000 after purchasing an additional 9,499 shares during the last quarter. Northern Trust Corp purchased a new stake in shares of Falcon's Beyond Global during the 4th quarter valued at about $89,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Falcon's Beyond Global by 20.0% during 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 during the last quarter. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Falcon's Beyond Global during the 1st quarter valued at about $90,000. Finally, AllGen Financial Advisors Inc. purchased a new stake in shares of Falcon's Beyond Global during the 1st quarter valued at about $209,000. 38.88% of the stock is owned by hedge funds and other institutional investors.
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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