Good Times Restaurants Inc. (GTIM) stock is lower by 5.49% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GTIM Stock Today?
Good Times Restaurants Inc. (GTIM) stock has fallen -6.63% while the S&P 500 has risen 0.34% as of 3:44 PM on Monday, Oct 26. GTIM has fallen -$0.11 from the previous closing price of $1.66 on volume of 317,354 shares. Over the past year the S&P 500 is higher by 14.01% while GTIM has fallen -18.42%. GTIM lost -$1.56 per share in the over the last 12 months.
More About Good Times Restaurants Inc.
Good Times Restaurants Inc is engaged in developing, owning, operating and franchising hamburger-oriented drive-through restaurants. The company operates through two segments: Good Times Burgers and Frozen Custard restaurants; and Bad Daddy's Burger Bar restaurants. It generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.