Good Times Restaurants (NASDAQ:GTIM) Stock Passes Above Two Hundred Day Moving Average of $2.54

Good Times Restaurants Inc. (NASDAQ:GTIM)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.54 and traded as high as $2.69. Good Times Restaurants shares last traded at $2.59, with a volume of 13,288 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Good Times Restaurants in a research note on Thursday. They issued a “strong-buy” rating for the company.

Good Times Restaurants Price Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.36 and a current ratio of 0.45. The company has a market cap of $28.49 million, a P/E ratio of 43.17 and a beta of 1.77. The firm has a 50 day moving average price of $2.63 and a two-hundred day moving average price of $2.54.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.06 earnings per share for the quarter. The company had revenue of $35.44 million during the quarter. Good Times Restaurants had a return on equity of 2.00% and a net margin of 0.47%.

Good Times Restaurants Company Profile

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. It operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.