Good Times Restaurants (GTIM) Sets New 52-Week Low at $2.32

Good Times Restaurants Inc. (NASDAQ:GTIM)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $2.32 and last traded at $2.55, with a volume of 30200 shares. The stock had previously closed at $2.60.

A number of equities analysts recently commented on GTIM shares. Maxim Group reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Good Times Restaurants in a research note on Tuesday, October 3rd. Zacks Investment Research raised shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a research note on Wednesday, October 4th. Finally, TheStreet downgraded shares of Good Times Restaurants from a “c-” rating to a “d” rating in a research report on Friday, August 11th.

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.89 and a current ratio of 1.01.

An institutional investor recently raised its position in Good Times Restaurants stock. Granite Point Capital Management L.P. boosted its stake in Good Times Restaurants Inc. (NASDAQ:GTIM) by 6.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 273,050 shares of the restaurant operator’s stock after buying an additional 16,300 shares during the quarter. Granite Point Capital Management L.P. owned approximately 2.22% of Good Times Restaurants worth $969,000 at the end of the most recent quarter. 32.40% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This piece of content was published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/12/03/good-times-restaurants-gtim-sets-new-52-week-low-at-2-32.html.

Good Times Restaurants Company Profile

Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.

What are top analysts saying about Good Times Restaurants Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Good Times Restaurants Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit