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

Research analysts at StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued to clients and investors on Sunday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Trading Down 1.0 %

Shares of GTIM stock opened at $2.94 on Friday. 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 $2.15 and a fifty-two week high of $3.45. The company has a market cap of $32.35 million, a PE ratio of 49.00 and a beta of 1.88. The stock’s fifty day moving average price is $2.76 and its two-hundred day moving average price is $2.65.

Good Times Restaurants (NASDAQ:GTIM) last issued its 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.

Institutional Trading of Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its position in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,959 shares of the restaurant operator’s stock after buying an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.