Biglari (NYSE:BH.A) Sees Large Volume Increase – Still a Buy?

Shares of Biglari Holdings Inc (NYSE:BH.AGet Free Report) saw an uptick in trading volume on Monday . 914 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 544 shares.The stock last traded at $1,272.00 and had previously closed at $1,246.84.

Biglari Stock Up 5.4%

The stock has a market capitalization of $2.99 billion, a P/E ratio of 7.45 and a beta of 0.97. The business has a fifty day moving average price of $1,169.57 and a 200-day moving average price of $1,147.14.

Biglari (NYSE:BH.AGet Free Report) last issued its earnings results on Friday, May 9th. The company reported $23.37 earnings per share for the quarter. The business had revenue of $95.04 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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