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

StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note issued to investors on Monday morning. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Good Times Restaurants stock opened at $2.69 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.36 and a current ratio of 0.45. Good Times Restaurants has a one year low of $2.15 and a one year high of $3.35. The stock’s 50 day moving average price is $2.56 and its 200 day moving average price is $2.55. The firm has a market capitalization of $29.59 million, a PE ratio of 44.84 and a beta of 1.86.

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

Good Times Restaurants Company Profile

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.