Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $8.28, but opened at $7.89. Falcon's Beyond Global shares last traded at $8.21, with a volume of 6,317 shares.
Falcon's Beyond Global Trading Down 1.7 %
The stock has a market capitalization of $998.82 million, a PE ratio of 5.47 and a beta of -2.51. The business has a fifty day moving average price of $7.91 and a 200-day moving average price of $7.65.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly earnings results on Thursday, April 3rd. The company reported ($0.42) EPS for the quarter. The business had revenue of $1.36 million for the quarter.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of Falcon's Beyond Global by 20.0% during the fourth 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. Geode Capital Management LLC grew its holdings in shares of Falcon's Beyond Global by 22.8% during the 4th quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock worth $397,000 after acquiring an additional 9,499 shares during the period. Finally, Northern Trust Corp bought a new position in shares of Falcon's Beyond Global in the 4th quarter worth approximately $89,000. 38.88% of the stock is owned by hedge funds and other institutional investors.
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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