Biglari (NYSE:BH.A) Stock Price Down 7.2% – Here’s What Happened

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s stock price was down 7.2% during mid-day trading on Monday . The stock traded as low as $975.87 and last traded at $975.87. Approximately 33 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 185 shares. The stock had previously closed at $1,051.71.

Biglari Price Performance

The stock’s 50 day simple moving average is $852.66 and its two-hundred day simple moving average is $912.88. The firm has a market cap of $2.39 billion, a P/E ratio of 5.96 and a beta of 1.35.

Biglari Company Profile

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Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2019, it operated 368 Steak n Shake company-operated restaurants and 213 franchised units; and 4 Western Sizzlin company-operated restaurants and 48 franchised units.

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