Biglari (NYSE:BH.A) Stock Price Down 9.4% – What’s Next?
by Teresa Graham · The Cerbat GemBiglari Holdings Inc. (NYSE:BH.A – Get Free Report) shares traded down 9.4% during trading on Thursday . The stock traded as low as $1,657.13 and last traded at $1,670.1940. 4,640 shares were traded during mid-day trading, a decline of 69% from the average session volume of 14,846 shares. The stock had previously closed at $1,843.19.
Biglari Trading Down 5.1%
The company has a market capitalization of $4.01 billion, a price-to-earnings ratio of -12.23 and a beta of 0.71. The firm’s 50 day moving average price is $1,854.96 and its two-hundred day moving average price is $1,795.59.
Biglari (NYSE:BH.A – Get Free Report) last released its quarterly earnings data on Saturday, February 28th. The company reported ($2.38) earnings per share for the quarter. The firm had revenue of $99.87 million for the quarter.
Biglari Company Profile
Biglari Holdings, Inc (NYSE: BH.A) is a publicly traded diversified holding company headquartered in San Antonio, Texas. Originally founded in 2008 as United States Steak Company, the firm rebranded to Biglari Holdings in 2013 to reflect its expanding investment focus. Under the leadership of founder, Chairman and CEO Sardar Biglari, the company pursues value-oriented acquisitions and portfolio management across multiple industries.
In the restaurant sector, Biglari Holdings operates two established casual-dining chains.