Biglari (NYSE:BH.A) Sees Large Volume Increase – Should You Buy?

Biglari Holdings Inc. (NYSE:BH.A) shares saw strong trading volume on Friday . 8,204 shares were traded during mid-day trading, an increase of 12% from the previous session’s volume of 7,342 shares.The stock last traded at $1,830.0640 and had previously closed at $1,876.03.

Biglari Stock Down 2.3%

The stock has a market capitalization of $4.18 billion, a P/E ratio of 163.87 and a beta of 0.70. The business’s 50 day simple moving average is $1,659.88 and its two-hundred day simple moving average is $1,548.66.

Biglari (NYSE:BH.A) last posted its quarterly earnings data on Friday, November 7th. The company reported $23.46 earnings per share (EPS) for the quarter. The firm had revenue of $99.74 million for the quarter.

About Biglari

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.