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Biglari (NYSE:BH.A) Shares Gap Up - Here's Why

Biglari logo with Retail/Wholesale background
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Biglari Holdings Inc (NYSE:BH.A - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $1,065.00, but opened at $1,115.38. Biglari shares last traded at $1,097.54, with a volume of 77 shares trading hands.

Biglari Stock Performance

The business's fifty day moving average price is $1,115.15 and its 200-day moving average price is $1,045.19. The stock has a market cap of $2.33 billion, a PE ratio of 5.81 and a beta of 0.99.

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

About Biglari

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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.

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