Biglari (NYSE:BH.A) Trading Down 15.4% – Here’s What Happened

Biglari Holdings Inc. (NYSE:BH.AGet Free Report) shares traded down 15.4% on Monday . The company traded as low as $1,393.86 and last traded at $1,357.3780. 2,714 shares were traded during mid-day trading, a decline of 83% from the average session volume of 16,112 shares. The stock had previously closed at $1,603.77.

Biglari Price Performance

The business’s 50 day moving average is $1,706.99 and its two-hundred day moving average is $1,802.21. The firm has a market capitalization of $3.03 billion, a PE ratio of -18.20 and a beta of 0.63.

Biglari (NYSE:BH.AGet Free Report) last announced its earnings results on Friday, May 8th. The company reported ($55.81) earnings per share for the quarter. The company had revenue of $97.48 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.

Further Reading

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