Falcon’s Beyond Global (NASDAQ:FBYD) Stock Price Up 13.4%

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD)’s share price was up 13.4% during trading on Thursday . The company traded as high as $9.75 and last traded at $9.75. Approximately 736 shares were traded during trading, a decline of 86% from the average daily volume of 5,088 shares. The stock had previously closed at $8.60.

Falcon’s Beyond Global Stock Performance

The stock has a 50 day simple moving average of $9.51 and a 200 day simple moving average of $11.42. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.01 and a current ratio of 0.01.

Institutional Trading of 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 shares of Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,016 shares of the company’s stock, valued at approximately $49,000. 38.88% of the stock is owned by hedge funds and other institutional investors.

Falcon’s Beyond Global Company Profile

Falcon's Beyond Global, Inc operates as an entertainment powerhouse and innovator in storytelling. The company develops, owns, and operates hotels, theme parks, and retail, dining, and entertainment venues. It also provides master planning, media and audio production, project management, experiential technologies, attraction hardware development, procurement, and sales for the themed entertainment industry.