Shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD – Get Free Report) were up 10.3% during mid-day trading on Thursday . The stock traded as high as $10.81 and last traded at $10.88. Approximately 23,876 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 111,719 shares. The stock had previously closed at $9.86.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Falcon’s Beyond Global from a “sell” rating to a “hold” rating in a research report on Saturday, April 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Check Out Our Latest Research Report on Falcon’s Beyond Global
Falcon’s Beyond Global Price Performance
Falcon’s Beyond Global (NASDAQ:FBYD – Get Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $6.59 million during the quarter. Falcon’s Beyond Global had a net margin of 19.06% and a return on equity of 60.95%.
Institutional Investors Weigh In On Falcon’s Beyond Global
A number of hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new stake in Falcon’s Beyond Global during the 4th quarter valued at $30,000. Strs Ohio purchased a new stake in Falcon’s Beyond Global during the 4th quarter valued at $39,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Falcon’s Beyond Global during the 4th quarter valued at $47,000. Bank of America Corp DE raised its stake in Falcon’s Beyond Global by 8,008.5% during the 3rd quarter. Bank of America Corp DE now owns 3,811 shares of the company’s stock valued at $42,000 after buying an additional 3,764 shares during the last quarter. Finally, Clear Street Group Inc. purchased a new stake in Falcon’s Beyond Global during the 3rd quarter valued at $53,000. 38.88% of the stock is currently owned by hedge funds and other institutional investors.
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. Falcon’s Creative Group is a themed entertainment and master planning firm. Falcon’s Beyond Destinations develops, owns, and operates global entertainment destinations from resorts, theme parks, and attractions to retail, dining and location-based entertainment venues.
See Also
- Five stocks we like better than Falcon’s Beyond Global
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Falcon's Beyond Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Falcon's Beyond Global and related companies with MarketBeat.com's FREE daily email newsletter.
