Biglari (NYSE:BH.A) Shares Up 6% – What’s Next?
by Sarita Garza · The Markets DailyBiglari Holdings Inc. (NYSE:BH.A – Get Free Report) shares rose 6% during mid-day trading on Friday . The stock traded as high as $2,018.00 and last traded at $1,989.68. 18,639 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 18,020 shares. The stock had previously closed at $1,876.54.
Biglari Stock Performance
The stock has a market capitalization of $4.56 billion, a P/E ratio of -27.35 and a beta of 0.60. The business has a fifty day simple moving average of $1,590.21 and a 200-day simple moving average of $1,786.54.
Biglari (NYSE:BH.A – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported ($55.81) earnings per share for the quarter. The firm had revenue of $97.48 million for the quarter.
Biglari Company Profile
Biglari Holdings, Inc (NYSE: BH.A) is a publicly traded diversified holding company headquartered in San Antonio, Texas. Originally founded in 2008 as United States Steak Company, the firm rebranded to Biglari Holdings in 2013 to reflect its expanding investment focus. Under the leadership of founder, Chairman and CEO Sardar Biglari, the company pursues value-oriented acquisitions and portfolio management across multiple industries.
In the restaurant sector, Biglari Holdings operates two established casual-dining chains.