Tuesday, May 21st, 2013
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Top stock gainer today: Good Times (GTIM)

Top stock watch: GTIM stock price skyrocketed 61.92%, or 1.74, to end at $4.55 per share with a trading volume of 1.71 million shares compared with the average daily trading volume of 130,216 shares. Just a week ago, GTIM stock price was just traded at $1.65 per share and today shares rose sharply after touching the 52-week high of $5.98 without any news.

Good Times currently commands a market value of just $12.40 million, which making the company seem like a tiny ant when compared with its giant rivals such as McDonald’s (MCD) with a market cap of 96.35 billion, Yum! Brands (YUM) with a market cap of 33.23 billion and Darden Restaurants (DRI) with a market cap of 6.48 billion.

Good Times Restaurants was founded in 1987 and is based in Golden, Colorado, engages in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants, through its wholly owned subsidiary, Good Times Drive Thru Inc. The company operates restaurants under the Good Times Burgers & Frozen Custard name primarily in Colorado. The majority of its restaurants are located in the front-range communities of Colorado but it also has franchised restaurants in Idaho, North Dakota and Wyoming.

Good times recognized revenues of $20.80 million, $20.86 million and $20.60 million for past three years 2009, 2010 and 2011, respectively, while the company posted net losses of $1.65 million, $3.10 million and $0.90 million for the past three years, respectively.

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