Good Times Restaurants (GTIM) to Release Earnings on Thursday

Good Times Restaurants (NASDAQ:GTIM) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd.

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

Good Times Restaurants Stock Performance

Shares of NASDAQ:GTIM traded up $0.05 during trading on Friday, hitting $2.79. The stock had a trading volume of 4,860 shares, compared to its average volume of 21,473. The stock has a 50-day simple moving average of $2.52 and a two-hundred day simple moving average of $2.54. 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 stock has a market capitalization of $31.22 million, a price-to-earnings ratio of 3.03 and a beta of 1.80. Good Times Restaurants has a 12-month low of $2.15 and a 12-month high of $3.57.

Analysts Set New Price Targets

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

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.