Good Times Restaurants (NASDAQ:GTIM) Share Price Crosses Above 200-Day Moving Average of $2.54

Good Times Restaurants Inc. (NASDAQ:GTIM) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.54 and traded as high as $2.64. Good Times Restaurants shares last traded at $2.64, with a volume of 11,102 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Good Times Restaurants in a research note on Wednesday. They issued a “strong-buy” rating on the stock.

Good Times Restaurants Stock Performance

The stock has a market capitalization of $29.54 million, a P/E ratio of 2.97 and a beta of 1.80. The company has a 50 day simple moving average of $2.51 and a 200-day simple moving average of $2.54. 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:GTIM) last issued its earnings results on Wednesday, January 31st. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $33.13 million during the quarter. Good Times Restaurants had a net margin of 7.73% and a return on equity of 2.13%.

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.