Good Times Restaurants (NASDAQ:GTIM) Announces Earnings Results

Good Times Restaurants (NASDAQ:GTIM) released its quarterly earnings results on Thursday. The restaurant operator reported $0.02 earnings per share for the quarter, Zacks reports. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.95%.

Good Times Restaurants Stock Performance

Shares of GTIM stock traded down $0.06 on Thursday, hitting $2.48. The company’s stock had a trading volume of 18,899 shares, compared to its average volume of 6,808. Good Times Restaurants has a fifty-two week low of $2.18 and a fifty-two week high of $3.45. The company has a market capitalization of $26.38 million, a PE ratio of 16.50 and a beta of 1.85. The stock’s 50 day moving average is $2.55 and its 200-day moving average is $2.71. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.33 and a current ratio of 0.42.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Good Times Restaurants in a report on Thursday. They set a “strong-buy” rating for the company.

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.