Good Times Restaurants (GTIM) Stock Surges After Earnings Report

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6 days ago
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Good Times Restaurants (GTIM, Financial) experienced a notable stock movement with a 5.76% increase. The stock is currently trading at $2.94 per share, with a trading volume of 1,102 shares and a turnover rate of 0.01%. The stock's price volatility stands at 0.72%.

The company's recent earnings report reveals a revenue of $37.94 million and a net profit of $1.32 million, translating to an earnings per share (EPS) of $0.12. The gross profit is reported at $4.85 million, and the price-to-earnings (P/E) ratio is 28.40. As of now, no institutional ratings for buying, holding, or selling the stock have been issued.

Within the restaurant industry, where Good Times Restaurants operates, the overall sector saw a modest increase of 0.26%. Among its peers, Reborn Coffee, First Watch Restaurant Group, and Tims have recorded significant gains. Other active stocks in the sector include Red Robin, Wendy's, and Sweetgreen, with turnover rates of 1.67%, 1.60%, and 1.39%, respectively. Stocks with notable price fluctuations include Yoshiharu Global Co., Reborn Coffee, and Tims, with their volatility measuring 18.26%, 16.87%, and 12.25%, respectively.

Good Times Restaurants Inc. is involved in the development, ownership, operation, and franchising of burger-centric drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants, which are part of the quick-service industry, and Bad Daddy's Burger Bar, which offers upscale, full-service casual dining. The majority of its revenue comes from the Bad Daddy's Burger Bar segment. Its menu includes burgers, chicken, kids' meals, breakfast items, frozen custards, fries, and beverages.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.