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

StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note published on Friday. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Down 1.2 %

Shares of Good Times Restaurants stock opened at $2.45 on Friday. Good Times Restaurants has a 1 year low of $2.18 and a 1 year high of $3.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.42 and a quick ratio of 0.33. The company has a market capitalization of $26.12 million, a P/E ratio of 11.14 and a beta of 1.85. The business has a 50-day moving average of $2.52 and a two-hundred day moving average of $2.70.

Good Times Restaurants (NASDAQ:GTIM) last announced its earnings results on Thursday, February 6th. The restaurant operator reported $0.02 EPS for the quarter. Good Times Restaurants had a net margin of 1.60% and a return on equity of 7.12%.

Hedge Funds Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,760 shares of the restaurant operator’s stock after buying an additional 4,754 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.80% of Good Times Restaurants worth $222,000 at the end of the most recent reporting period. 12.06% of the stock is 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.