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

Key Points

• Biglari Holdings Inc. saw a significant increase in trading volume, with 6,954 shares traded, marking a 55% rise from the previous session.
• The stock is currently priced at $1,527.59, with a market capitalization of $3.53 billion and a P/E ratio of 10.56.
• In its latest earnings report, Biglari reported earnings per share of $9.17 and revenue of $100.62 million for the quarter.

Biglari Holdings Inc. (NYSE:BH.A - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 6,954 shares were traded during mid-day trading, an increase of 55% from the previous session's volume of 4,496 shares.The stock last traded at $1,527.59 and had previously closed at $1,525.00.

Biglari Trading Up 1.0%

The company has a market cap of $3.55 billion, a price-to-earnings ratio of 10.64 and a beta of 0.87. The business has a fifty day moving average price of $1,478.91 and a two-hundred day moving average price of $1,271.76.

Biglari (NYSE:BH.A - Get Free Report) last issued its earnings results on Friday, August 8th. The company reported $9.17 earnings per share for the quarter. The business 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.