Biglari (NYSE:BH.A) Shares Down 7% – Time to Sell?

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s share price dropped 7% on Tuesday . The company traded as low as $1,155.00 and last traded at $1,166.01. Approximately 421 shares traded hands during trading, a decline of 18% from the average daily volume of 511 shares. The stock had previously closed at $1,253.95.

Biglari Stock Performance

The company has a market cap of $2.58 billion, a PE ratio of 6.43 and a beta of 1.32. The company’s 50 day moving average price is $1,106.43 and its 200-day moving average price is $963.97.

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.

Further Reading

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