Biglari (NYSE:BH.A) Trading 6.1% Higher – Should You Buy?

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s share price rose 6.1% during mid-day trading on Thursday . The stock traded as high as $1,088.74 and last traded at $1,087.04. Approximately 86 shares changed hands during trading, a decline of 68% from the average daily volume of 272 shares. The stock had previously closed at $1,025.00.

Biglari Stock Performance

The firm’s fifty day simple moving average is $1,122.91 and its 200-day simple moving average is $1,024.88. The stock has a market cap of $2.44 billion, a P/E ratio of 6.08 and a beta of 1.33.

Biglari (NYSE:BH.AGet Free Report) last released its quarterly earnings results on Saturday, March 1st. The company reported ($36.60) earnings per share (EPS) for the quarter. The business had revenue of $91.12 million for the quarter.

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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