Biglari (NYSE:BH.A) Shares Climb 5.4% – Time to Buy?

Shares of Biglari Holdings Inc. (NYSE:BH.A) rose 5.4% during trading on Tuesday. The company traded as high as $1,905.60 and last traded at $1,905.6690. 25,811 shares changed hands during trading, an increase of 24% from the average session volume of 20,836 shares. The stock had previously closed at $1,808.58.

Biglari Stock Up 5.0%

The company has a market capitalization of $4.43 billion, a P/E ratio of -17.38 and a beta of 0.51. The firm has a 50-day moving average price of $1,859.53 and a two-hundred day moving average price of $1,774.96.

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

Biglari Company Profile

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.