Biglari (BH) Hits New 52-Week Low at $138.54

Shares of Biglari Holdings Inc (NYSE:BH) reached a new 52-week low during trading on Wednesday . The stock traded as low as $138.54 and last traded at $143.06, with a volume of 6573 shares trading hands. The stock had previously closed at $145.21.

Separately, TheStreet upgraded shares of Biglari from a “d+” rating to a “c” rating in a research report on Monday, September 24th.

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.87 and a current ratio of 0.93.

Several large investors have recently modified their holdings of BH. Tower Research Capital LLC TRC increased its stake in Biglari by 80.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,444 shares of the restaurant operator’s stock valued at $261,000 after buying an additional 644 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in Biglari by 27.3% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,200 shares of the restaurant operator’s stock valued at $762,000 after buying an additional 900 shares during the period. SG Americas Securities LLC acquired a new position in Biglari in the 2nd quarter valued at approximately $197,000. Virtu Financial LLC acquired a new position in Biglari in the 3rd quarter valued at approximately $208,000. Finally, Zebra Capital Management LLC acquired a new position in Biglari in the 2nd quarter valued at approximately $294,000.

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About Biglari (NYSE:BH)

Biglari Holdings Inc, through its subsidiaries, operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under restaurant concepts, including Steak n Shake, an American brand serving premium burgers and milk shakes; and Western, which offers signature steak dishes and other classic American menu items, as well operates other concepts, such as Great American Steak & Buffet and Wood Grill Buffet consisting of hot and cold food buffet style dining.

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