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

Biglari Holdings Inc. (NYSE:BH.AGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $1,610.02, but opened at $1,685.32. Biglari shares last traded at $1,631.87, with a volume of 2,342 shares trading hands.

Biglari Stock Performance

The company’s 50 day simple moving average is $1,934.71 and its 200-day simple moving average is $1,784.61. The firm has a market capitalization of $3.80 billion, a PE ratio of -11.59 and a beta of 0.69.

Biglari (NYSE:BH.AGet Free Report) last released its quarterly earnings results on Saturday, February 28th. The company reported ($2.38) EPS for the quarter. The firm had revenue of $99.87 million for the quarter.

Biglari Company Profile

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Biglari Holdings, Inc (NYSE: BH.A) is a publicly traded diversified holding company headquartered in San Antonio, Texas. Originally founded in 2008 as United States Steak Company, the firm rebranded to Biglari Holdings in 2013 to reflect its expanding investment focus. Under the leadership of founder, Chairman and CEO Sardar Biglari, the company pursues value-oriented acquisitions and portfolio management across multiple industries.

In the restaurant sector, Biglari Holdings operates two established casual-dining chains.

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