Good Times Restaurants (NASDAQ:GTIM) Earns Strong-Buy Rating from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report released on Monday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of NASDAQ GTIM opened at $2.72 on Monday. The firm has a fifty day moving average price of $2.82 and a 200-day moving average price of $2.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.47 and a quick ratio of 0.38. The stock has a market cap of $29.25 million, a PE ratio of 24.73 and a beta of 1.86. Good Times Restaurants has a 1 year low of $2.15 and a 1 year high of $3.45.

Institutional Trading of Good Times Restaurants

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