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

Good Times Restaurants Inc. (NASDAQ:GTIM)’s stock price passed above its two hundred day moving average during trading on Friday . 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 $2.60, with a volume of 7,448 shares changing hands.

Wall Street Analyst Weigh In

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

Good Times Restaurants Stock Up 0.8 %

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 capitalization of $28.60 million, a price-to-earnings ratio of 43.34 and a beta of 1.86. The firm’s 50-day simple moving average is $2.59 and its 200-day simple moving average is $2.54.

Good Times Restaurants (NASDAQ:GTIM) last released its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.06 EPS for the quarter. The company had revenue of $35.44 million during the quarter. Good Times Restaurants had a net margin of 0.47% and a return on equity of 2.00%.

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.