Biglari (NYSE:BH.A) Stock Price Down 6.4% – Here’s What Happened

Biglari Holdings Inc. (NYSE:BH.A) traded down 6.4% during mid-day trading on Tuesday. The stock traded as low as $1,787.91 and last traded at $1,791.9540. 23,765 shares traded hands during trading, a decline of 32% from the average session volume of 34,929 shares. The stock had previously closed at $1,913.73.

Biglari Trading Down 6.4%

The stock has a fifty day simple moving average of $1,861.57 and a two-hundred day simple moving average of $1,832.11. The company has a market cap of $4.18 billion, a PE ratio of -16.42 and a beta of 0.52.

Biglari (NYSE:BH.A) last issued its quarterly earnings data on Friday, August 7th. The company reported $158.17 earnings per share (EPS) for the quarter. The firm had revenue of $108.52 million for the quarter.

Biglari Company Profile

Biglari Holdings Inc is a diversified holding company headquartered in San Antonio, Texas. The company owns and operates businesses in the restaurant and insurance industries and also manages investments through its corporate and investment operations.

Its principal restaurant business is Steak n Shake, a full-service restaurant chain known for steakburgers, fries and milkshakes. Biglari Holdings has also historically owned Western Sizzlin, a steakhouse and buffet restaurant business. The company’s restaurant operations serve customers primarily in the United States.

Biglari Holdings also owns insurance-related businesses, including First Guard Insurance Company, which provides commercial vehicle insurance, and Southern Pioneer Property and Casualty Insurance Company.