Biglari (NYSE:BH.A) Sees Unusually-High Trading Volume – Time to Buy?

Biglari Holdings Inc (NYSE:BH.AGet Free Report) saw strong trading volume on Thursday . 360 shares were traded during mid-day trading, a decline of 54% from the previous session’s volume of 783 shares.The stock last traded at $1,043.00 and had previously closed at $1,059.00.

Biglari Trading Down 1.2 %

The firm’s 50-day simple moving average is $1,129.22 and its two-hundred day simple moving average is $969.11. The company has a market cap of $2.38 billion, a PE ratio of 5.93 and a beta of 1.32.

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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