StockNews.com Begins Coverage on Good Times Restaurants (NASDAQ:GTIM)

Investment analysts at StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIMGet Free Report) in a research note issued on Friday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

GTIM opened at $2.44 on Friday. The firm has a market capitalization of $26.84 million, a PE ratio of 40.67 and a beta of 1.86. Good Times Restaurants has a twelve month low of $2.15 and a twelve month high of $3.50. The firm’s 50-day moving average price is $2.62 and its 200 day moving average price is $2.54. The company has a current ratio of 0.45, a quick ratio of 0.36 and a debt-to-equity ratio of 0.04.

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

About Good Times Restaurants

(Get Free Report)

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.

Further Reading

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