Biglari (NYSE:BH.A) Shares Gap Down – What’s Next?

Biglari Holdings Inc (NYSE:BH.A) gapped down before the market opened on Friday . The stock had previously closed at $1,158.91, but opened at $1,118.00. Biglari shares last traded at $1,112.08, with a volume of 96 shares traded.

Biglari Stock Performance

The stock has a market cap of $2.58 billion, a P/E ratio of 6.40 and a beta of 1.32. The company has a 50-day simple moving average of $1,152.42 and a 200-day simple moving average of $981.17.

Biglari (NYSE:BH.A) last released its earnings results on Friday, November 8th. The company reported $114.77 earnings per share for the quarter. The firm had revenue of $90.41 million for the quarter.

Biglari Company Profile

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.