Falcon’s Beyond Global (NASDAQ:FBYD) Shares Gap Down to $10.82

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $10.82, but opened at $9.90. Falcon’s Beyond Global shares last traded at $9.90, with a volume of 519 shares.

Falcon’s Beyond Global Price Performance

The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 0.49. The business’s fifty day moving average price is $9.64 and its 200 day moving average price is $10.98.

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

Institutional Investors Weigh In On Falcon’s Beyond Global

An institutional investor recently bought a new position in Falcon’s Beyond Global stock. Wolverine Asset Management LLC bought a new position in Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. 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.

About Falcon’s Beyond Global

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.