Good Times Restaurants (NASDAQ:GTIM) Now Covered by StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note issued on Wednesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Trading Up 5.0 %

Shares of NASDAQ:GTIM opened at $2.74 on Wednesday. The company has a market cap of $30.66 million, a PE ratio of 3.08 and a beta of 1.80. The company’s 50-day moving average price is $2.52 and its 200 day moving average price is $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 quick ratio of 0.36, a current ratio of 0.45 and a debt-to-equity ratio of 0.04.

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

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.