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

Research analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report released on Sunday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

NASDAQ:GTIM opened at $2.51 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.45 and a debt-to-equity ratio of 0.04. The business’s 50-day simple moving average is $2.57 and its two-hundred day simple moving average is $2.55. The stock has a market cap of $27.61 million, a PE ratio of 41.84 and a beta of 1.86. Good Times Restaurants has a 52 week low of $2.15 and a 52 week high of $3.39.

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

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.