Biglari (NYSE:BH.A) Sees Large Volume Increase – What’s Next?

Biglari Holdings Inc (NYSE:BH.AGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 486 shares changed hands during mid-day 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 Trading Up 6.5 %

The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 6.70 and a beta of 1.36. The stock’s fifty day simple moving average is $964.67 and its 200-day simple moving average is $927.54.

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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