Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) rose 15.2% on Tuesday . The company traded as high as $5.20 and last traded at $6.07. Approximately 229 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 19,674 shares. The stock had previously closed at $5.27.
Falcon's Beyond Global Stock Down 1.0%
The firm has a market capitalization of $630.61 million, a PE ratio of 52.15 and a beta of -1.65. The stock's fifty day simple moving average is $7.13 and its 200 day simple moving average is $7.33.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.13) EPS for the quarter.
Institutional Investors Weigh In On Falcon's Beyond Global
Several large investors have recently bought and sold shares of FBYD. Geode Capital Management LLC boosted its stake in Falcon's Beyond Global by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock worth $397,000 after buying an additional 9,499 shares during the period. Northern Trust Corp bought a new stake in Falcon's Beyond Global during the 4th quarter valued at about $89,000. Wealth Enhancement Advisory Services LLC boosted its position 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 period. Cassaday & Co Wealth Management LLC bought a new position in Falcon's Beyond Global in the 1st quarter worth about $90,000. Finally, AllGen Financial Advisors Inc. purchased a new position in shares of Falcon's Beyond Global during the first quarter worth approximately $209,000. Institutional investors own 38.88% of the company's stock.
About Falcon's Beyond Global
(
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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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