Good Times Restaurants (NASDAQ:GTIM) Releases Quarterly Earnings Results

Good Times Restaurants (NASDAQ:GTIM) released its quarterly earnings data on Thursday. The restaurant operator reported $0.02 EPS 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 Trading Down 2.2 %

NASDAQ:GTIM traded down $0.06 during midday trading on Thursday, hitting $2.48. 18,898 shares of the company traded hands, compared to its average volume of 6,762. The company has a current ratio of 0.42, a quick ratio of 0.33 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $2.55 and its 200-day moving average is $2.71. The firm has a market capitalization of $26.38 million, a P/E ratio of 16.50 and a beta of 1.85. Good Times Restaurants has a 12-month low of $2.18 and a 12-month high of $3.45.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Good Times Restaurants in a research 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.