Biglari (NYSE:BH.A) Shares Gap Down – Here’s Why

Biglari Holdings Inc (NYSE:BH.AGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $1,270.02, but opened at $1,242.10. Biglari shares last traded at $1,242.10, with a volume of 561 shares traded.

Biglari Stock Performance

The firm has a 50-day moving average of $1,086.04 and a 200-day moving average of $959.15. The firm has a market capitalization of $2.93 billion, a P/E ratio of 7.29 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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