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

Shares of Biglari Holdings Inc (NYSE:BH.A) saw unusually-strong trading volume on Tuesday . Approximately 410 shares changed hands during mid-day trading, a decline of 22% from the previous session’s volume of 526 shares.The stock last traded at $1,121.08 and had previously closed at $1,053.51.

Biglari Price Performance

The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 6.40 and a beta of 1.32. The firm has a 50 day simple moving average of $1,150.56 and a two-hundred day simple moving average of $980.04.

Biglari (NYSE:BH.A) last announced its quarterly 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 during 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.