Good Times Restaurants Inc. (GTIM) Trading 3.3% Higher
Good Times Restaurants Inc. (NASDAQ:GTIM) shares traded up 3.3% during trading on Tuesday . The stock traded as high as $3.75 and last traded at $3.75, with a volume of 55,842 shares traded. The stock had previously closed at $3.63.
Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th. TheStreet upgraded shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a report on Thursday, August 11th. Finally, Dougherty & Co restated a “buy” rating on shares of Good Times Restaurants in a report on Monday, May 9th.
The firm’s market capitalization is $46.01 million. The stock has a 50-day moving average of $3.93 and a 200 day moving average of $3.78.
Good Times Restaurants (NASDAQ:GTIM) last posted its earnings results on Wednesday, August 10th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Equities research analysts anticipate that Good Times Restaurants Inc. will post ($0.13) earnings per share for the current year.
In other news, Director Robert J. Stetson acquired 26,900 shares of the company’s stock in a transaction on Friday, May 20th. The stock was bought at an average cost of $2.91 per share, with a total value of $78,279.00. Following the completion of the purchase, the director now directly owns 49,375 shares of the company’s stock, valued at $143,681.25. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary J. Heller sold 10,000 shares of Good Times Restaurants stock in a transaction on Monday, June 13th. The stock was sold at an average price of $3.48, for a total transaction of $34,800.00. Following the transaction, the director now directly owns 12,667 shares of the company’s stock, valued at $44,081.16. The disclosure for this sale can be found here.
Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Company operates through two business segments: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s).
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