Good Times Restaurants (NASDAQ:GTIM) Issues Earnings Results

Good Times Restaurants (NASDAQ:GTIM) posted its earnings results on Thursday. The restaurant operator reported $0.02 EPS for the quarter, Zacks reports. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.95%.

Good Times Restaurants Stock Performance

GTIM stock traded down $0.06 during midday trading on Thursday, reaching $2.48. The stock had a trading volume of 18,898 shares, compared to its average volume of 6,762. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.33 and a current ratio of 0.42. The firm has a fifty day simple moving average of $2.55 and a two-hundred day simple moving average of $2.71. The stock has a market cap of $26.38 million, a PE ratio of 16.50 and a beta of 1.85. Good Times Restaurants has a 52-week low of $2.18 and a 52-week high of $3.45.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Good Times Restaurants in a research report on Thursday. They issued a “strong-buy” rating on the stock.

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.