Falcon’s Beyond Global (NASDAQ:FBYD – Get Free Report) released its earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports. Falcon’s Beyond Global had a negative return on equity of 8.25% and a net margin of 51.31%.The firm had revenue of $5.62 million during the quarter.
Falcon’s Beyond Global Trading Down 1.3%
FBYD traded down $0.13 during trading on Friday, reaching $10.11. The company had a trading volume of 34,963 shares, compared to its average volume of 123,069. The firm’s 50-day simple moving average is $13.63 and its 200 day simple moving average is $11.20. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.45 and a current ratio of 0.45. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 48.14 and a beta of -2.57. Falcon’s Beyond Global has a 12-month low of $3.71 and a 12-month high of $29.02.
Institutional Investors Weigh In On Falcon’s Beyond Global
Several hedge funds have recently made changes to their positions in FBYD. Global Retirement Partners LLC purchased a new position in Falcon’s Beyond Global during the 4th quarter worth approximately $30,000. Strs Ohio purchased a new position in shares of Falcon’s Beyond Global during the fourth quarter valued at $39,000. Bank of America Corp DE raised its position in Falcon’s Beyond Global by 8,008.5% during the third 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 period. Police & Firemen s Retirement System of New Jersey purchased a new stake in Falcon’s Beyond Global in the 4th quarter worth about $47,000. Finally, MetLife Investment Management LLC purchased a new stake in Falcon’s Beyond Global in the 4th quarter worth about $130,000. Hedge funds and other institutional investors own 38.88% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on FBYD
Falcon’s Beyond Global Company Profile
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.
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