Biglari (NYSE:BH.A) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• Biglari Holdings Inc. experienced a significant trading increase with approximately 7,173 shares traded on Monday, reflecting a 130% rise from the previous session.
• The stock price of Biglari rose by 2.8%, closing at $1,391.91 after being previously listed at $1,363.05.
• In its latest earnings report, Biglari posted an EPS of $9.17 and revenue of $100.62 million for the quarter ending August 8th.

Shares of Biglari Holdings Inc. (NYSE:BH.A - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 7,173 shares changed hands during trading, an increase of 130% from the previous session's volume of 3,113 shares.The stock last traded at $1,391.91 and had previously closed at $1,363.05.

Biglari Stock Up 2.8%

The firm has a market cap of $3.19 billion, a PE ratio of 9.58 and a beta of 1.04. The company's 50 day moving average price is $1,398.20 and its two-hundred day moving average price is $1,221.15.

Biglari (NYSE:BH.A - Get Free Report) last posted 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 for 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.