Biglari (NYSE:BH) Stock Price Passes Above 200-Day Moving Average of $182.13

Biglari Holdings Inc. (NYSE:BH) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $182.13 and traded as high as $186.55. Biglari shares last traded at $184.91, with a volume of 1,699 shares traded.

Analyst Upgrades and Downgrades

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

Biglari Trading Up 0.9 %

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.39 and a current ratio of 1.42. The company has a 50 day simple moving average of $194.60 and a two-hundred day simple moving average of $182.13. The firm has a market cap of $421.59 million, a PE ratio of 4.14 and a beta of 0.74.

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

Hedge Funds Weigh In On Biglari

A number of large investors have recently bought and sold shares of BH. Acuitas Investments LLC raised its holdings in Biglari by 1.0% in the 4th quarter. Acuitas Investments LLC now owns 14,455 shares of the restaurant operator’s stock worth $2,384,000 after purchasing an additional 144 shares during the period. Marquette Asset Management LLC increased its holdings in shares of Biglari by 2.3% in the fourth quarter. Marquette Asset Management LLC now owns 3,070 shares of the restaurant operator’s stock valued at $506,000 after purchasing an additional 70 shares during the last quarter. Gladius Capital Management LP grew its position in Biglari by 128.4% in the fourth quarter. Gladius Capital Management LP now owns 402 shares of the restaurant operator’s stock worth $66,000 after acquiring an additional 226 shares during the period. Janney Montgomery Scott LLC grew its position in Biglari by 18.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the restaurant operator’s stock worth $425,000 after acquiring an additional 395 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Biglari by 81.6% in the first quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after acquiring an additional 160 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

About Biglari

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.