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

Research analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIMGet Free Report) in a report released on Saturday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

Shares of GTIM stock opened at $2.52 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 0.03. The company has a market cap of $26.89 million, a PE ratio of 22.91 and a beta of 1.85. The company’s fifty day simple moving average is $2.69 and its 200-day simple moving average is $2.72. Good Times Restaurants has a 52 week low of $2.18 and a 52 week high of $3.45.

Good Times Restaurants (NASDAQ:GTIMGet Free Report) last announced 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 Investors Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP raised its position in Good Times Restaurants Inc. (NASDAQ:GTIMFree Report) by 71.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,959 shares of the restaurant operator’s stock after buying an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned approximately 0.59% of Good Times Restaurants worth $164,000 at the end of the most recent quarter. 12.06% of the stock is owned by institutional investors and hedge funds.

About Good Times Restaurants

(Get Free Report)

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.

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