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

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report sent to investors on Saturday. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of GTIM opened at $2.49 on Friday. Good Times Restaurants has a 12-month low of $2.18 and a 12-month high of $3.45. The business’s fifty day moving average is $2.50 and its 200 day moving average is $2.70. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.08. The stock has a market cap of $26.49 million, a P/E ratio of 11.32 and a beta of 1.85.

Good Times Restaurants (NASDAQ:GTIM) last issued its earnings results on Thursday, February 6th. The restaurant operator reported $0.02 earnings per share (EPS) for the quarter. Good Times Restaurants had a return on equity of 7.11% and a net margin of 1.60%.

Institutional Investors Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP boosted its stake in Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 85,760 shares of the restaurant operator’s stock after buying an additional 4,754 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.80% of Good Times Restaurants worth $222,000 as of its most recent SEC filing. 12.06% of the stock is 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.