Biglari (NYSE:BH.A) Stock Price Up 6.4% – Here’s Why

Biglari Holdings Inc (NYSE:BH.AGet Free Report) shares shot up 6.4% during trading on Thursday . The company traded as high as $1,038.09 and last traded at $1,103.02. 90 shares traded hands during trading, a decline of 66% from the average session volume of 265 shares. The stock had previously closed at $1,036.22.

Biglari Stock Down 2.8 %

The company has a market cap of $2.39 billion, a price-to-earnings ratio of 5.94 and a beta of 1.33. The company has a fifty day simple moving average of $1,113.19 and a two-hundred day simple moving average of $1,030.27.

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