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 report issued on Wednesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Up 2.7 %

Shares of NASDAQ:GTIM opened at $2.64 on Wednesday. The stock has a market cap of $29.54 million, a P/E ratio of 2.97 and a beta of 1.80. 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 has a 1-year low of $2.15 and a 1-year high of $3.57. The firm has a fifty day moving average price of $2.51 and a 200 day moving average price of $2.54.

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

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.