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

Research analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued to clients and investors on Sunday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Up 1.9 %

Shares of GTIM opened at $2.72 on Friday. Good Times Restaurants has a 52-week low of $2.15 and a 52-week high of $3.57. The company has a quick ratio of 0.36, a current ratio of 0.45 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $2.63 and a two-hundred day simple moving average of $2.53. The company has a market capitalization of $29.92 million, a PE ratio of 45.34 and a beta of 1.77.

Good Times Restaurants (NASDAQ:GTIM) last released its quarterly earnings data 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 firm had revenue of $35.44 million during the quarter.

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.