Biglari (NYSE:BH.A) Shares Down 5.3% - Here's Why

Biglari Holdings Inc (NYSE:BH.A - Get Free Report)'s stock price dropped 5.3% on Monday . The stock traded as low as $1,100.00 and last traded at $1,120.98. Approximately 276 shares traded hands during trading, a decline of 36% from the average daily volume of 433 shares. The stock had previously closed at $1,184.00.

Biglari Stock Performance

The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 6.05 and a beta of 1.33. The company's fifty day moving average is $1,154.02 and its two-hundred day moving average is $1,018.04.

Biglari (NYSE:BH.A - Get Free Report) last posted its earnings results on Saturday, March 1st. The company reported ($36.60) earnings per share for the quarter. The company had revenue of $91.12 million for the quarter.

About Biglari

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.