Biglari (NYSE:BH.A) Reaches New 1-Year High - Here's Why

Key Points

• Biglari Holdings Inc. (NYSE:BH.A) achieved a new 52-week high of $1,597.44, closing at $1,585.00 with a trading volume of 6,596 shares.
• The company reported a quarterly earnings per share (EPS) of $9.17 and revenue of $100.62 million for the most recent quarter.
• Biglari operates a franchise system primarily for restaurants, including Steak n Shake and Western Sizzlin, with significant locations across the United States.

Shares of Biglari Holdings Inc. (NYSE:BH.A - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $1,597.44 and last traded at $1,585.00, with a volume of 6596 shares. The stock had previously closed at $1,432.88.

Biglari Stock Up 10.6%

The firm's fifty day simple moving average is $1,410.79 and its 200-day simple moving average is $1,227.71. The company has a market cap of $3.61 billion, a PE ratio of 10.83 and a beta of 1.04.

Biglari (NYSE:BH.A - Get Free Report) last announced its quarterly earnings data on Friday, August 8th. The company reported $9.17 earnings per share (EPS) for the quarter. The firm had revenue of $100.62 million for the quarter.

About Biglari

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2019, it operated 368 Steak n Shake company-operated restaurants and 213 franchised units; and 4 Western Sizzlin company-operated restaurants and 48 franchised units.

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