StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Free Report) in a research note released on Wednesday. The brokerage issued a strong-buy rating on the restaurant operator’s stock.
Good Times Restaurants Stock Up 1.9 %
Shares of NASDAQ GTIM opened at $2.70 on Wednesday. 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 $29.71 million, a PE ratio of 45.00 and a beta of 1.86. The firm has a fifty day moving average of $2.57 and a 200-day moving average of $2.56. Good Times Restaurants has a 52-week low of $2.15 and a 52-week high of $3.13.
Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.12 EPS for the quarter. The company had revenue of $37.94 million during the quarter. Good Times Restaurants had a return on equity of 3.50% and a net margin of 0.80%.
Institutional Investors Weigh In On Good Times Restaurants
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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