Shares of Biglari Holdings Inc. (NYSE:BH - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $249.61 and traded as high as $288.48. Biglari shares last traded at $280.75, with a volume of 24,447 shares traded.
Biglari Trading Up 2.0%
The company has a market cap of $640.12 million, a price-to-earnings ratio of 1.92 and a beta of 0.80. The company has a current ratio of 1.14, a quick ratio of 1.11 and a debt-to-equity ratio of 0.02. The firm's 50-day moving average price is $288.87 and its 200 day moving average price is $249.61.
Biglari (NYSE:BH - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The restaurant operator reported $9.17 earnings per share (EPS) for the quarter. Biglari had a net margin of 10.48% and a return on equity of 5.32%. The business had revenue of $100.62 million during the quarter.
Institutional Trading of Biglari
Several hedge funds have recently bought and sold shares of BH. Nuveen LLC bought a new position in Biglari during the 1st quarter valued at $3,965,000. Invesco Ltd. bought a new position in Biglari during the 4th quarter valued at $4,019,000. JPMorgan Chase & Co. lifted its stake in Biglari by 1,809.5% during the 4th quarter. JPMorgan Chase & Co. now owns 16,135 shares of the restaurant operator's stock valued at $4,103,000 after acquiring an additional 15,290 shares in the last quarter. Strs Ohio bought a new position in Biglari during the 1st quarter valued at $498,000. Finally, Cerity Partners LLC bought a new position in Biglari during the 1st quarter valued at $453,000. Institutional investors and hedge funds own 74.30% of the company's stock.
About Biglari
(
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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