Biglari (NYSE:BH.A) Shares Up 9% – Should You Buy?

Biglari Holdings Inc (NYSE:BH.AGet Free Report) shares shot up 9% during mid-day trading on Wednesday . The company traded as high as $1,000.00 and last traded at $1,000.00. 416 shares changed hands during trading, an increase of 167% from the average session volume of 156 shares. The stock had previously closed at $917.50.

Biglari Trading Up 9.0 %

The firm has a market cap of $2.28 billion, a PE ratio of 5.69 and a beta of 1.35. The stock’s 50 day moving average price is $841.68 and its 200 day moving average price is $911.99.

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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