Good Times Restaurants Inc. (NASDAQ:GTIM) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.22 and traded as high as $1.92. Good Times Restaurants shares last traded at $1.88, with a volume of 1,443 shares traded.
GTIM has been the topic of a number of research reports. Stephens raised their target price on shares of Good Times Restaurants from $4.00 to $5.50 and gave the stock an “overweight” rating in a research report on Monday, August 12th. Zacks Investment Research raised shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Maxim Group set a $6.00 target price on shares of Good Times Restaurants and gave the stock a “buy” rating in a research report on Friday, August 9th. Finally, ValuEngine raised shares of Good Times Restaurants from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $4.83.
The company’s fifty day simple moving average is $1.93 and its 200-day simple moving average is $2.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.58 and a quick ratio of 0.44. The firm has a market capitalization of $23.71 million, a PE ratio of -24.25 and a beta of 0.65.
About Good Times Restaurants (NASDAQ:GTIM)
Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. The company operates Good Times Burgers & Frozen Custard, a regional chain of quick service restaurants; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full service, upscale, ‘small box' restaurant concept.
Read More: Correction
Receive News & Ratings for Good Times Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Good Times Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.