Good Times Restaurants (NASDAQ:GTIM) Research Coverage Started at StockNews.com

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

Good Times Restaurants Stock Up 0.4 %

NASDAQ GTIM opened at $2.55 on Friday. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 0.03. Good Times Restaurants has a fifty-two week low of $2.18 and a fifty-two week high of $3.45. The business has a 50 day moving average price of $2.64 and a two-hundred day moving average price of $2.72. The stock has a market cap of $27.21 million, a PE ratio of 17.00 and a beta of 1.86.

Good Times Restaurants (NASDAQ:GTIM) last announced its earnings results on Thursday, December 12th. The restaurant operator reported $0.02 earnings per share for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.98%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to the company in its most recent 13F filing 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 quarter. 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 owned by institutional investors and hedge funds.

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.