Good Times Restaurants Inc. (NASDAQ:GTIM) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,959 shares of the restaurant operator’s stock after acquiring an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Good Times Restaurants were worth $164,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Good Times Restaurants in a report on Wednesday, October 9th. They set a “strong-buy” rating for the company.

Good Times Restaurants Price Performance

NASDAQ:GTIM opened at $2.87 on Tuesday. Good Times Restaurants Inc. has a one year low of $2.15 and a one year high of $3.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.38 and a current ratio of 0.47. The stock has a market cap of $31.58 million, a PE ratio of 47.83 and a beta of 1.87. The stock has a 50 day moving average price of $2.86 and a 200 day moving average price of $2.69.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.12 EPS for the quarter. Good Times Restaurants had a return on equity of 3.48% and a net margin of 0.80%. The firm had revenue of $37.94 million during the quarter.

About Good Times Restaurants

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.