Falcon’s Beyond Global (NASDAQ:FBYD) Stock Price Up 5.5% – Should You Buy?

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) shares were up 5.5% on Friday . The stock traded as high as $5.49 and last traded at $5.59. Approximately 14,436 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 128,891 shares. The stock had previously closed at $5.30.

Analyst Ratings Changes

A number of research analysts have recently commented on FBYD shares. Wall Street Zen raised shares of Falcon’s Beyond Global from a “sell” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Falcon’s Beyond Global in a research report on Monday, December 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Falcon’s Beyond Global Stock Performance

The firm has a market cap of $766.32 million, a P/E ratio of -54.25 and a beta of -1.80. The stock’s 50 day moving average is $13.33 and its two-hundred day moving average is $10.98. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.31 and a quick ratio of 0.31.

Falcon’s Beyond Global (NASDAQ:FBYD) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.13) EPS for the quarter. The business had revenue of $4.05 million for the quarter. Falcon’s Beyond Global had a negative return on equity of 16.17% and a net margin of 10.57%.

Institutional Trading of Falcon’s Beyond Global

A number of large investors have recently bought and sold shares of FBYD. Bank of America Corp DE raised its stake 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 worth $42,000 after acquiring an additional 3,764 shares in the last quarter. Clear Street Group Inc. bought a new stake in Falcon’s Beyond Global during the third quarter worth about $53,000. AllGen Financial Advisors Inc. grew its position in Falcon’s Beyond Global by 79.8% during the 3rd quarter. AllGen Financial Advisors Inc. now owns 43,173 shares of the company’s stock worth $476,000 after acquiring an additional 19,157 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Falcon’s Beyond Global by 21.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 50,739 shares of the company’s stock worth $559,000 after purchasing an additional 9,082 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Falcon’s Beyond Global by 434.9% in the 3rd quarter. Vanguard Group Inc. now owns 439,813 shares of the company’s stock valued at $4,847,000 after acquiring an additional 357,589 shares in the last quarter. 38.88% of the stock is currently owned by 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.