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Biglari (NYSE:BH.A) Stock Price Up 4% - Here's Why

Biglari logo with Retail/Wholesale background

Shares of Biglari Holdings Inc (NYSE:BH.A - Get Free Report) shot up 4% on Friday . The stock traded as high as $1,133.00 and last traded at $1,110.07. 140 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 266 shares. The stock had previously closed at $1,067.16.

Biglari Trading Up 5.0 %

The firm's 50 day moving average is $1,085.34 and its two-hundred day moving average is $1,078.65. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 6.65 and a beta of 0.99.

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

(Get Free Report)

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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