Good Times Restaurants (NASDAQ:GTIM) Coverage Initiated by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued to clients and investors on Tuesday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of NASDAQ GTIM opened at $2.70 on Tuesday. Good Times Restaurants has a fifty-two week low of $2.15 and a fifty-two week high of $3.45. The stock has a market capitalization of $29.03 million, a price-to-earnings ratio of 24.27 and a beta of 1.86. 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 business has a 50-day moving average of $2.79 and a 200-day moving average of $2.72.

Institutional Investors Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its position in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission. 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.