Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) traded up 15.2% during mid-day trading on Tuesday . The company traded as high as $5.20 and last traded at $6.07. 229 shares were traded during mid-day trading, a decline of 99% from the average session volume of 19,674 shares. The stock had previously closed at $5.27.
Falcon's Beyond Global Price Performance
The firm's fifty day moving average is $6.97 and its 200 day moving average is $7.29. The firm has a market capitalization of $673.52 million, a price-to-earnings ratio of 57.25 and a beta of -1.65.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.13) earnings per share (EPS) for the quarter. Falcon's Beyond Global had a net margin of 18.35% and a negative return on equity of 1.43%.
Institutional Trading of Falcon's Beyond Global
A number of institutional investors and hedge funds have recently made changes to their positions in FBYD. Cassaday & Co Wealth Management LLC bought a new stake in Falcon's Beyond Global during the first quarter valued at about $90,000. Northern Trust Corp bought a new stake in shares of Falcon's Beyond Global in the 4th quarter worth about $89,000. HighTower Advisors LLC acquired a new stake in Falcon's Beyond Global during the 1st quarter valued at $124,000. Wealth Enhancement Advisory Services LLC raised its stake 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 worth $135,000 after acquiring an additional 2,806 shares during the last quarter. Finally, AllGen Financial Advisors Inc. acquired a new position in shares of Falcon's Beyond Global during the first quarter valued at $209,000. 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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