Good Times Restaurants (NASDAQ:GTIM) Earns Strong-Buy Rating from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report released on Friday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Up 0.8 %

Good Times Restaurants stock opened at $2.45 on Friday. The business’s 50-day simple moving average is $2.73 and its two-hundred day simple 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 company has a market cap of $26.15 million, a PE ratio of 22.27 and a beta of 1.85. Good Times Restaurants has a fifty-two week low of $2.18 and a fifty-two week high of $3.45.

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

Institutional Trading of Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP raised its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,959 shares of the restaurant operator’s stock after purchasing 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 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.