Biglari (NYSE:BH) Stock Price Passes Above 200-Day Moving Average of $184.41

Biglari Holdings Inc. (NYSE:BH) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $184.41 and traded as high as $198.11. Biglari shares last traded at $195.23, with a volume of 1,538 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Biglari from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th.

Biglari Trading Up 0.4 %

The firm has a market capitalization of $452.01 million, a price-to-earnings ratio of 4.44 and a beta of 0.74. The firm’s 50 day moving average is $191.65 and its 200 day moving average is $184.72. The company has a quick ratio of 1.39, a current ratio of 1.42 and a debt-to-equity ratio of 0.15.

Biglari (NYSE:BH) last released its earnings results on Friday, May 10th. The restaurant operator reported $79.56 EPS for the quarter. Biglari had a net margin of 3.47% and a return on equity of 2.11%. The business had revenue of $89.45 million during the quarter.

Institutional Investors Weigh In On Biglari

Several hedge funds have recently made changes to their positions in BH. Gladius Capital Management LP lifted its position in shares of Biglari by 128.4% in the 4th quarter. Gladius Capital Management LP now owns 402 shares of the restaurant operator’s stock valued at $66,000 after acquiring an additional 226 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Biglari by 81.6% in the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock valued at $68,000 after acquiring an additional 160 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Biglari in the 1st quarter valued at approximately $223,000. Janney Montgomery Scott LLC lifted its position in shares of Biglari by 18.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the restaurant operator’s stock valued at $425,000 after acquiring an additional 395 shares in the last quarter. Finally, GSA Capital Partners LLP lifted its position in shares of Biglari by 5.5% in the 1st quarter. GSA Capital Partners LLP now owns 2,406 shares of the restaurant operator’s stock valued at $456,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Biglari Company Profile

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.