Good Times Restaurants Inc. (GTIM) Shares Down 2.8%
Good Times Restaurants Inc. (NASDAQ:GTIM)’s share price traded down 2.8% on Monday . The company traded as low as $3.46 and last traded at $3.50, with a volume of 57,369 shares changing hands. The stock had previously closed at $3.60.
A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a research note on Wednesday, May 11th. TheStreet raised shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a research note on Thursday, August 11th. Finally, Dougherty & Co reaffirmed a “buy” rating on shares of Good Times Restaurants in a research note on Monday, May 9th.
The firm’s 50-day moving average price is $3.95 and its 200 day moving average price is $3.77. The firm’s market capitalization is $44.09 million.
Good Times Restaurants (NASDAQ:GTIM) last issued its quarterly earnings results on Wednesday, August 10th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. On average, analysts expect that Good Times Restaurants Inc. will post ($0.13) EPS for the current fiscal year.
In related news, Director Gary J. Heller sold 10,000 shares of the company’s stock in a transaction dated Monday, June 13th. The shares were 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 in the company, valued at approximately $44,081.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
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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