Falcon's Beyond Global (NASDAQ:FBYD) Stock Price Down 7.4% - Should You Sell?

Key Points

• Falcon's Beyond Global (NASDAQ:FBYD) shares fell by 7.4%, trading between $6.79 and $7.30, with volume down 65% from the average.
• The company has a debt-to-equity ratio of 32.66, a current ratio of 0.51, and a negative return on equity of 82.54%.
• Institutional investors and hedge funds now own 38.88% of Falcon's Beyond Global's stock, with several recent acquisitions reported.

Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares dropped 7.4% on Tuesday . The company traded as low as $7.30 and last traded at $6.79. Approximately 1,813 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 5,234 shares. The stock had previously closed at $7.33.

Falcon's Beyond Global Trading Down 9.4%

The business's 50 day moving average price is $6.75 and its two-hundred day moving average price is $7.13. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 32.66. The company has a market capitalization of $773.51 million, a price-to-earnings ratio of 16.25 and a beta of -1.77.

Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.30 earnings per share for the quarter. Falcon's Beyond Global had a net margin of 146.55% and a negative return on equity of 82.54%. The company had revenue of $2.55 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FBYD. Northern Trust Corp bought a new position in Falcon's Beyond Global in the 4th quarter valued at approximately $89,000. Cassaday & Co Wealth Management LLC bought a new position in Falcon's Beyond Global in the 1st quarter valued at approximately $90,000. HighTower Advisors LLC bought a new position in Falcon's Beyond Global in the 1st quarter valued at approximately $124,000. Wealth Enhancement Advisory Services LLC raised 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 valued at $135,000 after buying an additional 2,806 shares during the last quarter. Finally, AllGen Financial Advisors Inc. bought a new position in Falcon's Beyond Global in the 1st quarter valued at approximately $209,000. Institutional investors own 38.88% of the company's stock.

About Falcon's Beyond Global

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.