Good Times Restaurants Inc. (GTIM) Trading Up 4.2%
Shares of Good Times Restaurants Inc. (NASDAQ:GTIM) were up 4.2% on Monday . The company traded as high as $4.29 and last traded at $4.21, with a volume of 56,089 shares. The stock had previously closed at $4.04.
A number of analysts have recently weighed in on GTIM shares. Dougherty & Co reiterated a “buy” rating on shares of Good Times Restaurants in a report on Monday, May 9th. Zacks Investment Research upgraded shares of Good Times Restaurants from a “sell” rating to a “hold” rating in a report on Wednesday, May 11th.
The firm has a 50 day moving average price of $3.61 and a 200-day moving average price of $3.83. The stock’s market capitalization is $53.11 million.
Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.02. The firm had revenue of $15.32 million for the quarter, compared to the consensus estimate of $15.58 million. Equities research analysts predict that Good Times Restaurants Inc. will post ($0.13) EPS for the current year.
In other news, Director Robert J. Stetson acquired 26,900 shares of the firm’s stock in a transaction dated Friday, May 20th. The shares were purchased at an average cost of $2.91 per share, for a total transaction of $78,279.00. Following the transaction, the director now directly owns 49,375 shares of the company’s stock, valued at $143,681.25. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO K Zielke James acquired 10,000 shares of the firm’s stock in a transaction dated Monday, May 23rd. The shares were purchased at an average price of $3.00 per share, for a total transaction of $30,000.00. Following the completion of the transaction, the chief financial officer now directly owns 93,644 shares in the company, valued at $280,932. The disclosure for this purchase 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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