Biglari (NYSE:BH.A) Shares Up 9% – Time to Buy?

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s share price was up 9% on Wednesday . The stock traded as high as $1,000.00 and last traded at $1,000.00. Approximately 416 shares changed hands during trading, an increase of 167% from the average daily volume of 156 shares. The stock had previously closed at $917.50.

Biglari Stock Performance

The company has a market cap of $2.40 billion, a PE ratio of 5.98 and a beta of 1.35. The business’s 50-day moving average is $848.78 and its 200 day moving average is $913.69.

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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