Geode Capital Management LLC Buys 9,459 Shares of Good Times Restaurants Inc. (NASDAQ:GTIM)

Geode Capital Management LLC grew its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 11.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 90,947 shares of the restaurant operator’s stock after purchasing an additional 9,459 shares during the period. Geode Capital Management LLC’s holdings in Good Times Restaurants were worth $247,000 as of its most recent SEC filing.

Separately, Dimensional Fund Advisors LP increased its stake in shares of Good Times Restaurants by 71.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 64,959 shares of the restaurant operator’s stock valued at $164,000 after purchasing an additional 26,980 shares during the last quarter. Institutional investors own 12.06% of the company’s stock.

Good Times Restaurants Trading Down 1.6 %

Shares of GTIM opened at $2.41 on Tuesday. Good Times Restaurants Inc. has a 52-week low of $2.18 and a 52-week high of $3.45. The business’s fifty day moving average is $2.62 and its 200-day moving average is $2.71. 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 firm has a market cap of $25.69 million, a price-to-earnings ratio of 16.07 and a beta of 1.86.

Good Times Restaurants (NASDAQ:GTIM) last released its quarterly earnings data 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 4.98% and a net margin of 1.13%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Good Times Restaurants in a research note on Monday. They issued a “strong-buy” rating on the stock.

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.