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

Investment analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued on Sunday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

GTIM opened at $2.55 on Friday. Good Times Restaurants has a 1 year low of $2.18 and a 1 year high of $3.45. The company’s 50 day simple moving average is $2.66 and its 200 day simple moving average is $2.72. The stock has a market capitalization of $27.21 million, a PE ratio of 17.00 and a beta of 1.86. 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 (NASDAQ:GTIM) last announced its quarterly 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%.

Hedge Funds Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP lifted its position in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm 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 about 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the SEC. 12.06% of the stock is currently 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.