StockNews.com Initiates Coverage on Good Times Restaurants (NASDAQ:GTIM)

Stock analysts at StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIMGet Free Report) in a note issued to investors on Thursday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of GTIM opened at $2.53 on Thursday. The firm has a 50-day moving average of $2.63 and a 200-day moving average of $2.54. Good Times Restaurants has a one year low of $2.15 and a one year high of $3.50. The company has a market cap of $27.83 million, a PE ratio of 42.17 and a beta of 1.77. 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 (NASDAQ:GTIMGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.06 EPS for the quarter. The company had revenue of $35.44 million during the quarter. Good Times Restaurants had a net margin of 0.47% and a return on equity of 2.00%.

About Good Times Restaurants

(Get Free Report)

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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