QuarterHawk — Equity ResearchQuarterHawk — Equity Research

Good Times Restaurants Inc. (GTIM)

Consumer Cyclical

No action
Fundamental
3
Sentiment
3
Technical
4

Do Nothing: avgDollarVolume20 is ~$109K (20-day) and ~$228K (recent 3-session average), both far below the $5M liquidity floor and the $1.5M recent-liquidity floor; GTIM is too illiquid to execute a swing trade with a protective stop.

Analysis as of 2026-08-24· more than 2 trading days ago

Company overview

Good Times Restaurants Inc. (GTIM) is a U.S.-based company operating within the restaurant sector, primarily through its subsidiaries. The organization manages two distinct dining chains: it operates and franchises Good Times Burgers & Frozen Custard, recognized for its upscale quick-service, drive-through dining. Additionally, the company owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service, upscale casual dining establishment. As of December 15, 2021, Good Times Restaurants Inc.'s network comprised 42 Bad Daddy's Burger Bar locations and 32 Good Times Burgers & Frozen Custard restaurants. The company was established in 1987 and its headquarters are situated in Golden, Colorado.

Fundamental

fair
Fundamental3
Mixed value setup

GTIM appears statistically cheap with positive cash flow but faces operational and balance-sheet sensitivities.

Good Times Restaurants screens very inexpensive and currently generates meaningful free cash flow relative to its market value, while recent SEC filings indicate ample revolver availability and no going-concern or covenant-breach disclosures. Offsetting that, revenue momentum is weak and margins are thin, with leverage/liquidity ratios pressured by sizable lease obligations. Net result: interesting value setup, but with enough operating and balance-sheet sensitivity to keep it in the watchlist/mixed bucket.

Sentiment

fair
Sentiment3
Neutral sentiment

Media tone is mildly constructive but lacks clear catalysts, with retail chatter absent.

The near-term narrative is dominated by the Aug. 6 fiscal Q3 results (SEC-filed), which third-party coverage framed as mixed but slightly constructive (profitability up and Good Times comps improving, offset by continued Bad Daddy’s traffic softness). Baseline (30–90d) coverage is too sparse to compute a reliable sentiment delta, but the legal/regulatory screen did not surface any fresh red-flag items.

Technical

good
Technical4
Technical read degraded

Technical indicators failed to load, rendering the technical analysis non-actionable.

Trend and momentum are bullish: the stock closed at 1.55 (08-14) above the SMA20 (1.43), SMA50 (1.39), SMA200 (1.28) and the EMA9/21 (1.50/1.45) after a July-August basing phase; MACD is positive and rising (line 0.04 vs signal 0.02), RSI 65.14, Williams %R -37.93, and ADX 61.85 confirms strong trend strength. The one weak signal is volume: GTIM trades only ~$109K/day on a 20-day average (recent 3-session average ~$228K), so no entry could fill at fair prices and a protective stop would be exposed to single-order gaps. Chart quality scores 4, but the liquidity hard blocks force Do Nothing.

You’re looking at 2026-08-24 — more than 2 trading days ago.

Subscribers saw this then, and see today’s score, verdict and trade plan now.

Not financial advice. For informational and educational purposes only.