Good Times Restaurants (NASDAQ:GTIM) Share Price Crosses Above 200-Day Moving Average of $2.54

Shares of Good Times Restaurants Inc. (NASDAQ:GTIM) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.54 and traded as high as $2.64. Good Times Restaurants shares last traded at $2.64, with a volume of 11,102 shares traded.

Analyst Upgrades and Downgrades

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

Good Times Restaurants Stock Up 2.7 %

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 firm has a market capitalization of $29.54 million, a P/E ratio of 2.97 and a beta of 1.80. The stock has a fifty day moving average price of $2.51 and a two-hundred day moving average price of $2.54.

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

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.