Good Times Restaurants Inc. (NASDAQ:GTIM – Get Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 12,192 shares, a decline of 67.0% from the July 30th total of 36,988 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 122,788 shares, the short-interest ratio is presently 0.1 days.
Good Times Restaurants Stock Performance
Shares of GTIM remained flat at $1.50 during midday trading on Friday. 28,666 shares of the stock traded hands, compared to its average volume of 39,045. Good Times Restaurants has a 52 week low of $1.10 and a 52 week high of $2.09. The company has a market capitalization of $15.84 million, a price-to-earnings ratio of 7.14 and a beta of 0.62. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.47 and a quick ratio of 0.37. The company’s fifty day simple moving average is $1.44 and its 200 day simple moving average is $1.31.
Good Times Restaurants (NASDAQ:GTIM – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.22. The business had revenue of $35.17 million for the quarter, compared to analysts’ expectations of $31.53 million. Good Times Restaurants had a net margin of 1.65% and a return on equity of 6.47%.
Institutional Investors Weigh In On Good Times Restaurants
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded Good Times Restaurants from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
Check Out Our Latest Research Report on GTIM
Good Times Restaurants Company Profile
Good Times Restaurants International, Inc (NASDAQ: GTIM) owns, develops, operates and franchises quick-service restaurants under the Good Times Burger & Frozen Custard brand. The company’s restaurants feature a signature menu built around hand-pressed, fresh-never-frozen beef burgers, homemade buns, fresh-cut fries, handcrafted milkshakes and frozen custard desserts. Good Times supplements its core offerings with seasonal items and limited-time promotions designed to appeal to a variety of customer tastes.
Founded in 1987 and headquartered in Lakewood, Colorado, Good Times has expanded through a mix of company-owned locations and franchising agreements.
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