Biglari (NYSE:BH.A) Shares Down 6.4% – Here’s What Happened

Biglari Holdings Inc. (NYSE:BH.A)’s stock price traded down 6.4% during mid-day trading on Tuesday. The company traded as low as $1,787.91 and last traded at $1,791.9540. Approximately 23,765 shares changed hands during trading, a decline of 32% from the average daily volume of 34,929 shares. The stock had previously closed at $1,913.73.

Biglari Stock Down 6.4%

The firm’s 50 day simple moving average is $1,861.57 and its 200-day simple moving average is $1,832.11. The company has a market capitalization of $4.18 billion, a PE ratio of -16.42 and a beta of 0.52.

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

About Biglari

Biglari Holdings Inc is a diversified holding company headquartered in San Antonio, Texas. The company owns and operates businesses in the restaurant and insurance industries and also manages investments through its corporate and investment operations.

Its principal restaurant business is Steak n Shake, a full-service restaurant chain known for steakburgers, fries and milkshakes. Biglari Holdings has also historically owned Western Sizzlin, a steakhouse and buffet restaurant business. The company’s restaurant operations serve customers primarily in the United States.

Biglari Holdings also owns insurance-related businesses, including First Guard Insurance Company, which provides commercial vehicle insurance, and Southern Pioneer Property and Casualty Insurance Company.