Shares of Biglari Holdings Inc. (NYSE:BH - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $238.46 and traded as high as $288.88. Biglari shares last traded at $287.39, with a volume of 15,214 shares changing hands.
Biglari Stock Down 0.9%
The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $655.25 million, a PE ratio of -1.31 and a beta of 0.79. The business's 50 day simple moving average is $258.79 and its 200 day simple moving average is $238.46.
Biglari (NYSE:BH - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. The company had revenue of $95.04 million for the quarter. Biglari had a negative net margin of 16.21% and a positive return on equity of 4.27%.
Institutional Trading of Biglari
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Deutsche Bank AG acquired a new position in Biglari in the fourth quarter valued at about $44,000. Jones Financial Companies Lllp bought a new stake in shares of Biglari in the 1st quarter valued at about $64,000. Wells Fargo & Company MN raised its position in shares of Biglari by 28.2% in the 4th quarter. Wells Fargo & Company MN now owns 427 shares of the restaurant operator's stock valued at $109,000 after acquiring an additional 94 shares during the period. Bartlett & CO. Wealth Management LLC bought a new position in Biglari during the 1st quarter worth approximately $109,000. Finally, MetLife Investment Management LLC acquired a new position in Biglari during the fourth quarter valued at approximately $117,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Biglari Company Profile
(
Get Free Report)
Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.
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