Biglari (NYSE:BH.A) Sees Strong Trading Volume – What’s Next?

Biglari Holdings Inc (NYSE:BH.AGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 124 shares changed hands during trading, a decline of 41% from the previous session’s volume of 211 shares.The stock last traded at $1,270.00 and had previously closed at $1,241.90.

Biglari Stock Performance

The stock has a 50 day moving average price of $1,068.40 and a 200 day moving average price of $954.37. The company has a market capitalization of $2.90 billion, a P/E ratio of 7.22 and a beta of 1.36.

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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