Good Times Restaurants (NASDAQ:GTIM) Issues Quarterly Earnings Results

Good Times Restaurants (NASDAQ:GTIM) released its quarterly earnings data on Thursday. The restaurant operator reported $0.02 EPS for the quarter, Zacks reports. Good Times Restaurants had a return on equity of 7.12% and a net margin of 1.60%.

Good Times Restaurants Stock Performance

Good Times Restaurants stock opened at $2.52 on Friday. Good Times Restaurants has a 12-month low of $2.18 and a 12-month high of $3.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.42 and a quick ratio of 0.33. The company has a market capitalization of $26.86 million, a price-to-earnings ratio of 11.46 and a beta of 1.85. The firm’s fifty day moving average price is $2.54 and its 200 day moving average price is $2.71.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Good Times Restaurants in a report on Thursday. They issued a “strong-buy” rating for the company.

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.