Biglari (NYSE:BH.A) Trading Down 1.6% – Here’s Why

Biglari Holdings Inc. (NYSE:BH.AGet Free Report) fell 1.6% during mid-day trading on Friday . The company traded as low as $1,686.50 and last traded at $1,717.40. Approximately 40,895 shares were traded during mid-day trading, an increase of 98% from the average daily volume of 20,644 shares. The stock had previously closed at $1,745.74.

Biglari Trading Down 1.6%

The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of -15.73 and a beta of 0.52. The firm’s 50-day moving average is $1,910.49 and its 200 day moving average is $1,765.67.

Biglari (NYSE:BH.AGet Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $158.17 earnings per share (EPS) for the quarter. The business had revenue of $108.52 million during the quarter.

Biglari Company Profile

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Biglari Holdings Inc is a diversified holding company led by Sardar Biglari, who serves as chairman and chief executive officer. The company owns and operates businesses in the restaurant, insurance, media and investment-management sectors, with operations primarily focused on the United States.

Its restaurant businesses include Steak n Shake, a chain known for steakburgers, milkshakes and casual dining, and Western Sizzlin, a steakhouse and buffet brand that operates through company-owned and franchised locations.

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