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

StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report issued on Friday. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of Good Times Restaurants stock opened at $2.51 on Friday. The stock has a market cap of $26.79 million, a PE ratio of 22.82 and a beta of 1.85. Good Times Restaurants has a 12 month low of $2.18 and a 12 month high of $3.45. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $2.73 and a 200-day simple moving average of $2.71.

Good Times Restaurants (NASDAQ:GTIM) last posted its earnings results on Thursday, December 12th. The restaurant operator reported $0.02 earnings per share for the quarter. Good Times Restaurants had a return on equity of 3.48% and a net margin of 0.80%.

Hedge Funds Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to 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 acquiring an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 at the end of the most recent reporting period. 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.