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

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

Good Times Restaurants Trading Up 1.8 %

NASDAQ GTIM opened at $2.79 on Wednesday. The company has a market cap of $31.22 million, a price-to-earnings ratio of 3.13 and a beta of 1.80. Good Times Restaurants has a 52 week low of $2.15 and a 52 week high of $3.57. The business has a 50 day moving average price of $2.52 and a 200-day moving average price of $2.54. The company has a quick ratio of 0.36, a current ratio of 0.45 and a debt-to-equity ratio of 0.04.

Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings results on Wednesday, January 31st. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter. Good Times Restaurants had a return on equity of 2.13% and a net margin of 7.73%. The company had revenue of $33.13 million for the quarter.

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.