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Biglari (NYSE:BH) Shares Cross Above 200-Day Moving Average - Time to Sell?

Biglari logo with Retail/Wholesale background

Biglari Holdings Inc. (NYSE:BH - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $227.35 and traded as high as $253.61. Biglari shares last traded at $248.28, with a volume of 9,655 shares trading hands.

Analyst Ratings Changes

Separately, Wall Street Zen lowered shares of Biglari from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Read Our Latest Stock Analysis on BH

Biglari Stock Down 1.9%

The company has a market cap of $564.17 million, a P/E ratio of 1.40 and a beta of 0.74. The firm's 50 day moving average price is $227.33 and its two-hundred day moving average price is $228.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47.

Biglari (NYSE:BH - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The restaurant operator reported $23.37 EPS for the quarter. The business had revenue of $95.04 million during the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%.

Institutional Trading of Biglari

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new stake in Biglari during the 1st quarter valued at $498,000. Jane Street Group LLC bought a new stake in shares of Biglari in the 1st quarter worth $257,000. Empowered Funds LLC grew its stake in shares of Biglari by 1.8% in the 1st quarter. Empowered Funds LLC now owns 9,433 shares of the restaurant operator's stock worth $2,043,000 after acquiring an additional 165 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Biglari in the 1st quarter worth $64,000. Finally, Bridgeway Capital Management LLC grew its stake in shares of Biglari by 1.1% in the 1st quarter. Bridgeway Capital Management LLC now owns 15,633 shares of the restaurant operator's stock worth $3,385,000 after acquiring an additional 165 shares in the last quarter. Institutional investors own 74.30% of the company's stock.

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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