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

Analysts at StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note issued to investors on Monday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

NASDAQ:GTIM opened at $2.45 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.38 and a current ratio of 0.47. Good Times Restaurants has a fifty-two week low of $2.18 and a fifty-two week high of $3.45. The company has a 50 day simple moving average of $2.63 and a two-hundred day simple moving average of $2.72. The company has a market capitalization of $26.11 million, a PE ratio of 16.33 and a beta of 1.86.

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

Institutional Investors Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its stake in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 64,959 shares of the restaurant operator’s stock after purchasing an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 as of its most recent SEC filing. Institutional investors own 12.06% of the company’s stock.

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.