Biglari (NYSE:BH.A) Shares Gap Down – Here’s Why

Biglari Holdings Inc (NYSE:BH.AGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $1,053.99, but opened at $1,020.00. Biglari shares last traded at $1,023.55, with a volume of 245 shares.

Biglari Price Performance

The business’s fifty day moving average price is $1,103.98 and its 200 day moving average price is $1,055.38. The stock has a market cap of $2.32 billion, a P/E ratio of 5.78 and a beta of 0.99.

Biglari (NYSE:BH.AGet Free Report) last released its quarterly earnings data on Saturday, March 1st. The company reported ($36.60) earnings per share for the quarter. The company had revenue of $91.12 million during the quarter.

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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