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

Shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) gapped down before the market opened 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 trading hands.

Falcon’s Beyond Global Stock Performance

The business has a 50-day moving average of $10.01 and a two-hundred day moving average of $10.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.03 and a current ratio of 0.03.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Falcon’s Beyond Global stock. Wolverine Asset Management LLC acquired a new position in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,016 shares of the company’s stock, valued at approximately $49,000. Institutional investors own 38.88% of the company’s stock.

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.