Biglari (NYSE:BH.A) Sees Unusually-High Trading Volume – Time to Buy?

Biglari Holdings Inc (NYSE:BH.AGet Free Report) shares saw strong trading volume on Tuesday . 486 shares changed hands during trading, an increase of 136% from the previous session’s volume of 206 shares.The stock last traded at $1,225.00 and had previously closed at $1,200.00.

Biglari Price Performance

The business’s 50 day simple moving average is $981.73 and its 200-day simple moving average is $931.81. The stock has a market capitalization of $2.86 billion, a P/E ratio of 7.13 and a beta of 1.36.

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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