Biglari (NYSE:BH.A) Sees Large Volume Increase - Here's Why

Key Points

• Biglari Holdings Inc. saw a 12% increase in trading volume with 5,453 shares traded, compared to 4,851 shares in the previous session.
• The company reported a quarterly earnings per share (EPS) of $9.17 and revenue of $100.62 million for the quarter that ended on August 8th.
• Biglari has a market cap of $3.50 billion and operates restaurants primarily under the Steak n Shake and Western Sizzlin brands in the U.S.

Biglari Holdings Inc. (NYSE:BH.A - Get Free Report) saw strong trading volume on Monday . 5,453 shares were traded during mid-day trading, an increase of 12% from the previous session's volume of 4,851 shares.The stock last traded at $1,517.72 and had previously closed at $1,540.17.

Biglari Trading Up 0.0%

The firm has a market cap of $3.49 billion, a PE ratio of 10.52 and a beta of 0.87. The firm's 50 day simple moving average is $1,505.53 and its 200 day simple moving average is $1,302.56.

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

Biglari Company Profile

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.