StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Free Report) in a report issued on Saturday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.
Good Times Restaurants Stock Up 1.2 %
Shares of GTIM opened at $2.63 on Friday. The company’s 50-day moving average price is $2.59 and its 200 day moving average price is $2.55. Good Times Restaurants has a 12-month low of $2.15 and a 12-month high of $3.49. The company has a current ratio of 0.45, a quick ratio of 0.36 and a debt-to-equity ratio of 0.04. The firm has a market cap of $28.93 million, a P/E ratio of 43.84 and a beta of 1.86.
Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter. The business 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
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.
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