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

Biglari Holdings Inc. (NYSE:BH.AGet Free Report) saw strong trading volume on Tuesday . 14,955 shares were traded during mid-day trading, an increase of 134% from the previous session’s volume of 6,389 shares.The stock last traded at $1,625.25 and had previously closed at $1,600.01.

Biglari Stock Up 0.4%

The stock has a 50 day simple moving average of $1,645.58 and a 200 day simple moving average of $1,513.76. The company has a market cap of $3.79 billion, a price-to-earnings ratio of 148.57 and a beta of 0.70.

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