Biglari (NYSE:BH.A) Sees Strong Trading Volume - Here's Why

Key Points

• Biglari Holdings Inc. (NYSE:BH.A) experienced a significant increase in trading volume, with 10,907 shares traded, marking a 289% increase from the previous session.
• The stock price of Biglari has dipped 1.5%, currently trading at $1,423.83, down from a previous close of $1,442.60.
• In its latest earnings report, Biglari reported $23.37 earnings per share (EPS) and revenues of $95.04 million for the quarter.

Biglari Holdings Inc. (NYSE:BH.A - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 10,907 shares were traded during mid-day trading, an increase of 289% from the previous session's volume of 2,807 shares.The stock last traded at $1,423.83 and had previously closed at $1,442.60.

Biglari Trading Down 2.6%

The firm has a 50 day moving average price of $1,392.40 and a 200-day moving average price of $1,215.02. The firm has a market cap of $3.17 billion, a PE ratio of -6.35 and a beta of 1.04.

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