Equities researchers at StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Get Free Report) in a report 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 GTIM stock opened at $2.74 on Wednesday. Good Times Restaurants has a 1 year low of $2.15 and a 1 year high of $3.57. The firm’s fifty day simple moving average is $2.52 and its 200 day simple moving average is $2.54. The firm has a market capitalization of $30.66 million, a P/E ratio of 3.08 and a beta of 1.80. The company has a current ratio of 0.45, a quick ratio of 0.36 and a debt-to-equity ratio of 0.04.
Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last announced its earnings results on Wednesday, January 31st. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter. Good Times Restaurants had a return on equity of 2.13% and a net margin of 7.73%. The company had revenue of $33.13 million for the quarter.
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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