Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Down to $11.20

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) shares gapped down prior to trading on Tuesday . The stock had previously closed at $11.20, but opened at $10.95. Falcon’s Beyond Global shares last traded at $10.95, with a volume of 2,023 shares.

Falcon’s Beyond Global Stock Down 0.3 %

The firm has a fifty day moving average of $10.01 and a two-hundred day moving average of $10.71. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.49.

Falcon’s Beyond Global (NASDAQ:FBYD) last announced its quarterly earnings data on Thursday, May 16th. The company reported $1.53 earnings per share for the quarter. The firm had revenue of $1.52 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Falcon’s Beyond Global stock. Wolverine Asset Management LLC bought a new stake in shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,016 shares of the company’s stock, valued at approximately $49,000. 38.88% of the stock is owned by institutional investors and hedge funds.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.