Good Times Restaurants (NASDAQ:GTIM) Now Covered by Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued on Tuesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of Good Times Restaurants stock opened at $2.46 on Tuesday. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.03. Good Times Restaurants has a 52 week low of $2.18 and a 52 week high of $3.45. The firm’s 50 day moving average is $2.58 and its two-hundred day moving average is $2.71. The firm has a market capitalization of $26.22 million, a P/E ratio of 16.40 and a beta of 1.86.

Good Times Restaurants (NASDAQ:GTIM) last posted its earnings results on Thursday, December 12th. The restaurant operator reported $0.02 EPS for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.95%.

Institutional Trading of Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP boosted its position in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,959 shares of the restaurant operator’s stock after buying an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 as of its most recent SEC filing. 12.06% of the stock is currently owned by hedge funds and other institutional investors.

Good Times Restaurants Company Profile

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. It operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.