Biglari (NYSE:BH.A) Shares Down 7% – Here’s Why

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s stock price was down 7% during mid-day trading on Tuesday . The company traded as low as $1,155.00 and last traded at $1,166.01. Approximately 421 shares changed hands during trading, a decline of 18% from the average daily volume of 511 shares. The stock had previously closed at $1,253.95.

Biglari Stock Down 6.9 %

The company’s fifty day moving average price is $1,093.91 and its 200 day moving average price is $961.16. The company has a market capitalization of $2.66 billion, a P/E ratio of 6.61 and a beta of 1.32.

Biglari Company Profile

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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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