Is This Stock a Screaming Buy: Good Times Restaurants Inc. (NASDAQ:GTIM)

Equity Research firms currently have a positive stance on shares of Good Times Restaurants Inc. (NASDAQ:GTIM). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $6.50 on a short term basis.

At the time of writing, the stock was trading at $3.25. This represents a change from the opening price of -1.26%. In terms of performance, year to date, the stock is -33.33%. The monthly stock performance comes in at -9.35%. For the quarter, shares are performing at -14.44%. Weekly performance analysis shows the equity at -6.43%.

In taking a look at technical levels, shares are trading -10.69% away from the 50 day simple moving average and -15.01% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -54.29% away from it’s 52- week high and 18.18% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Good Times Restaurants Inc.’s RSI stands at 35.96. In looking at volatility levels, the shares saw weekly volatility of 3.82% and 4.21% over the past month.

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