Biglari (NYSE:BH.A) Shares Down 0.8% – Here’s What Happened

Biglari Holdings Inc. (NYSE:BH.A) shares dropped 0.8% on Friday. The company traded as low as $1,768.57 and last traded at $1,793.4760. Approximately 40,412 shares were traded during trading, an increase of 6% from the average daily volume of 38,180 shares. The stock had previously closed at $1,807.57.

Biglari Stock Down 0.8%

The stock has a market cap of $4.18 billion, a price-to-earnings ratio of -16.43 and a beta of 0.51. The business’s 50 day simple moving average is $1,862.76 and its 200 day simple moving average is $1,773.90.

Biglari (NYSE:BH.A) last announced its quarterly earnings data on Friday, August 7th. The company reported $158.17 EPS for the quarter. The firm had revenue of $108.52 million during the quarter.

About Biglari

Biglari Holdings Inc is a diversified holding company led by entrepreneur Sardar Biglari, who serves as chairman and chief executive officer. The company focuses on owning and operating businesses in the restaurant, insurance and investment sectors, while also maintaining a portfolio of marketable securities and other investments.

Its principal operating business is Steak n Shake, a restaurant chain known for steakburgers, milkshakes and other casual-dining offerings. Biglari Holdings has historically been involved with other restaurant brands, including Western Sizzlin, and has managed its restaurant businesses through a combination of company-operated and franchised locations.

The company also operates First Guard Insurance Company, which provides commercial vehicle insurance, primarily serving the trucking industry.