Good Times Restaurants Inc. (GTIM) Stock Price Up 4.2%
Good Times Restaurants Inc. (NASDAQ:GTIM) shares rose 4.2% on Monday . The stock traded as high as $4.29 and last traded at $4.21, with a volume of 56,089 shares traded. The stock had previously closed at $4.04.
GTIM has been the topic of several analyst reports. Dougherty & Co restated a “buy” rating on shares of Good Times Restaurants in a report on Monday, May 9th. Zacks Investment Research cut shares of Good Times Restaurants from a “hold” rating to a “sell” rating in a report on Wednesday, July 13th.
The stock’s market cap is $49.68 million. The firm has a 50-day moving average of $3.62 and a 200-day moving average of $3.83.
Good Times Restaurants (NASDAQ:GTIM) last posted its earnings results on Tuesday, May 10th. The company reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.02. The company earned $15.32 million during the quarter, compared to analysts’ expectations of $15.58 million. On average, equities analysts predict that Good Times Restaurants Inc. will post ($0.13) EPS for the current year.
In other news, Director Gary J. Heller sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $3.48, for a total value of $34,800.00. Following the completion of the sale, the director now directly owns 12,667 shares of the company’s stock, valued at approximately $44,081.16. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO K Zielke James bought 30,000 shares of the company’s stock in a transaction dated Friday, May 13th. The stock was bought at an average cost of $3.25 per share, with a total value of $97,500.00. Following the completion of the transaction, the chief financial officer now owns 63,644 shares in the company, valued at approximately $206,843. 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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