Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 18,093 shares changed hands during trading, an increase of 19% from the previous session's volume of 15,268 shares.The stock last traded at $8.26 and had previously closed at $8.36.
Falcon's Beyond Global Trading Up 0.5 %
The stock has a market cap of $1.01 billion, a P/E ratio of 5.56 and a beta of -2.51. The stock's fifty day moving average price is $7.99 and its 200 day moving average price is $7.66.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last released its quarterly earnings data on Thursday, April 3rd. The company reported ($0.42) earnings per share for the quarter. The business had revenue of $1.36 million for the quarter.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of FBYD. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Falcon's Beyond Global by 147.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,657 shares of the company's stock worth $363,000 after acquiring an additional 24,816 shares during the last quarter. Northern Trust Corp purchased a new stake in shares of Falcon's Beyond Global in the 4th quarter worth $89,000. Finally, Geode Capital Management LLC raised its holdings in Falcon's Beyond Global by 22.8% in the 4th quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock worth $397,000 after purchasing an additional 9,499 shares during the period. 38.88% of the stock is owned by institutional investors.
About Falcon's Beyond Global
(
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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