Good Times Restaurants (NASDAQ:GTIM) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note published on Wednesday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

NASDAQ:GTIM opened at $2.61 on Wednesday. The company has a 50 day moving average price of $2.51 and a 200 day moving average price of $2.54. Good Times Restaurants has a fifty-two week low of $2.15 and a fifty-two week high of $3.57. 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 stock has a market capitalization of $29.21 million, a P/E ratio of 2.93 and a beta of 1.80.

Good Times Restaurants (NASDAQ:GTIM) last released its earnings results on Wednesday, January 31st. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter. Good Times Restaurants had a net margin of 7.73% and a return on equity of 2.13%. The company had revenue of $33.13 million during the quarter.

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.