Biglari (NYSE:BH.A) Sees Large Volume Increase – Time to Buy?

Shares of Biglari Holdings Inc (NYSE:BH.AGet Free Report) saw strong trading volume on Friday . 2,160 shares traded hands during mid-day trading, an increase of 130% from the previous session’s volume of 940 shares.The stock last traded at $1,070.00 and had previously closed at $1,130.00.

Biglari Trading Down 5.6 %

The company has a 50-day moving average of $1,116.82 and a 200-day moving average of $966.24. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 6.05 and a beta of 1.32.

About Biglari

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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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