Good Times Restaurants (NASDAQ:GTIM) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report released on Monday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of Good Times Restaurants stock opened at $2.86 on Monday. The stock’s fifty day moving average is $2.81 and its 200 day moving average is $2.67. Good Times Restaurants has a one year low of $2.15 and a one year high of $3.45. 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 stock has a market cap of $30.75 million, a P/E ratio of 47.67 and a beta of 1.88.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.12 EPS for the quarter. The firm had revenue of $37.94 million 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

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,959 shares of the restaurant operator’s stock after acquiring an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned about 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 12.06% of the company’s 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.