Good Times Restaurants (NASDAQ:GTIM) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report issued on Sunday morning. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Trading Down 0.4 %

NASDAQ:GTIM opened at $2.50 on Friday. The firm has a market capitalization of $27.50 million, a P/E ratio of 41.67 and a beta of 1.86. The business has a 50 day simple moving average of $2.57 and a 200 day simple moving average of $2.55. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.45 and a quick ratio of 0.36. Good Times Restaurants has a 12-month low of $2.15 and a 12-month high of $3.39.

Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter. Good Times Restaurants had a net margin of 0.47% and a return on equity of 2.00%. The company had revenue of $35.44 million during 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.