Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) dropped 7.5% during trading on Thursday . The company traded as low as $6.20 and last traded at $6.20. Approximately 6,987 shares traded hands during trading, a decline of 58% from the average daily volume of 16,514 shares. The stock had previously closed at $6.70.
Falcon's Beyond Global Price Performance
The firm has a market cap of $650.56 million, a PE ratio of 53.80 and a beta of -1.65. The business's fifty day moving average is $7.18 and its 200-day moving average is $7.35.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter.
Institutional Investors Weigh In On Falcon's Beyond Global
Several institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp purchased a new stake in shares of Falcon's Beyond Global during the 4th quarter valued at approximately $89,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Falcon's Beyond Global during the first quarter valued at about $90,000. HighTower Advisors LLC bought a new position in shares of Falcon's Beyond Global in the first quarter valued at approximately $124,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of 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 valued at $135,000 after acquiring an additional 2,806 shares during the period. Finally, AllGen Financial Advisors Inc. purchased a new position in Falcon's Beyond Global during the first quarter valued at approximately $209,000. 38.88% of the stock is owned by hedge funds and other institutional investors.
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.
Further Reading
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