Good Times Restaurants (NASDAQ:GTIM) Coverage Initiated by Analysts at StockNews.com

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

Good Times Restaurants Stock Performance

Shares of NASDAQ GTIM opened at $2.68 on Thursday. Good Times Restaurants has a fifty-two week low of $2.15 and a fifty-two week high of $3.57. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.36 and a current ratio of 0.45. The company has a market cap of $29.99 million, a price-to-earnings ratio of 44.67 and a beta of 1.77. The business’s 50 day moving average price is $2.56 and its 200-day moving average price is $2.53.

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.