Biglari (NYSE:BH) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Biglari Holdings Inc. (NYSE:BH - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $220.43 and traded as high as $235.72. Biglari shares last traded at $233.93, with a volume of 6,095 shares.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Biglari from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th.

Biglari Stock Up 0.5 %

The firm has a market cap of $532.43 million, a price-to-earnings ratio of 1.33 and a beta of 0.74. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The firm has a fifty day moving average price of $218.45 and a 200-day moving average price of $220.43.

Biglari (NYSE:BH - Get Free Report) last issued its quarterly earnings results on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share (EPS) for the quarter. Biglari had a return on equity of 16.03% and a net margin of 14.14%. The business had revenue of $91.12 million during the quarter.

Hedge Funds Weigh In On Biglari

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN grew its stake in shares of Biglari by 28.2% during the 4th quarter. Wells Fargo & Company MN now owns 427 shares of the restaurant operator's stock valued at $109,000 after buying an additional 94 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its position in Biglari by 0.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,887 shares of the restaurant operator's stock valued at $3,023,000 after acquiring an additional 98 shares during the period. Atticus Wealth Management LLC acquired a new stake in Biglari during the fourth quarter worth about $25,000. Rhumbline Advisers raised its holdings in shares of Biglari by 10.0% in the 4th quarter. Rhumbline Advisers now owns 1,139 shares of the restaurant operator's stock worth $290,000 after purchasing an additional 104 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Biglari by 5.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,327 shares of the restaurant operator's stock valued at $592,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company's stock.

Biglari Company Profile

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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