Biglari (NYSE:BH.A) Sees Strong Trading Volume – Still a Buy?

Biglari Holdings Inc. (NYSE:BH.AGet Free Report) saw unusually-high trading volume on Monday . Approximately 12,013 shares were traded during mid-day trading, an increase of 77% from the previous session’s volume of 6,773 shares.The stock last traded at $1,640.0420 and had previously closed at $1,706.20.

Biglari Trading Up 1.2%

The firm has a 50-day simple moving average of $1,646.92 and a two-hundred day simple moving average of $1,526.47. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 146.28 and a beta of 0.70.

Biglari (NYSE:BH.AGet Free Report) last released its quarterly earnings data on Friday, November 7th. The company reported $23.46 EPS for the quarter. The firm had revenue of $99.74 million during the quarter.

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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