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Biglari (NYSE:BH.A) Sees Unusually-High Trading Volume - Time to Buy?

Biglari logo with Retail/Wholesale background

Shares of Biglari Holdings Inc (NYSE:BH.A - Get Free Report) saw strong trading volume on Wednesday . 773 shares were traded during trading, an increase of 89% from the previous session's volume of 409 shares.The stock last traded at $1,248.98 and had previously closed at $1,215.01.

Biglari Stock Down 2.7%

The firm has a 50 day simple moving average of $1,129.97 and a two-hundred day simple moving average of $1,132.03. The stock has a market capitalization of $2.74 billion, a P/E ratio of 6.82 and a beta of 0.93.

Biglari (NYSE:BH.A - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The company reported $23.37 EPS for the quarter. The firm had revenue of $95.04 million for the quarter.

Biglari Company Profile

(Get Free Report)

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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