Geode Capital Management LLC Has $247,000 Stake in Good Times Restaurants Inc. (NASDAQ:GTIM)

Geode Capital Management LLC grew its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 11.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,947 shares of the restaurant operator’s stock after buying an additional 9,459 shares during the period. Geode Capital Management LLC owned 0.85% of Good Times Restaurants worth $247,000 at the end of the most recent quarter.

Separately, Dimensional Fund Advisors LP increased its stake in shares of Good Times Restaurants by 71.0% during the second quarter. Dimensional Fund Advisors LP now owns 64,959 shares of the restaurant operator’s stock worth $164,000 after purchasing an additional 26,980 shares during the period. 12.06% of the stock is currently owned by hedge funds and other institutional investors.

Good Times Restaurants Price Performance

Shares of NASDAQ GTIM opened at $2.41 on Tuesday. The firm has a market cap of $25.69 million, a P/E ratio of 16.07 and a beta of 1.86. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 0.03. Good Times Restaurants Inc. has a 1-year low of $2.18 and a 1-year high of $3.45. The business’s 50 day moving average is $2.62 and its 200-day moving average is $2.71.

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

Analyst Ratings Changes

Separately, StockNews.com began coverage on Good Times Restaurants in a research note on Monday. They set a “strong-buy” rating on the 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.