Biglari (NYSE:BH.A) Shares Gap Down – Should You Sell?

Biglari Holdings Inc (NYSE:BH.AGet Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $1,089.78, but opened at $1,054.51. Biglari shares last traded at $1,059.00, with a volume of 423 shares.

Biglari Stock Performance

The company’s 50 day simple moving average is $1,125.64 and its 200-day simple moving average is $968.47. The firm has a market capitalization of $2.41 billion, a PE ratio of 6.00 and a beta of 1.32.

Biglari Company Profile

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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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