StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM – Free Report) in a report issued on Wednesday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.
Good Times Restaurants Stock Down 2.5%
Good Times Restaurants stock opened at $1.55 on Wednesday. The firm has a market capitalization of $16.49 million, a PE ratio of 7.05 and a beta of 1.37. The company’s 50-day moving average is $2.03 and its 200-day moving average is $2.37. Good Times Restaurants has a fifty-two week low of $1.51 and a fifty-two week high of $3.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.42 and a quick ratio of 0.33.
Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The restaurant operator reported ($0.01) earnings per share for the quarter. Good Times Restaurants had a return on equity of 7.11% and a net margin of 1.60%.
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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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