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

Research analysts at StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research note issued on Tuesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Up 1.2 %

Good Times Restaurants stock opened at $2.45 on Tuesday. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $26.07 million, a PE ratio of 11.14 and a beta of 1.90. The firm’s fifty day moving average is $2.48 and its 200 day moving average is $2.65. Good Times Restaurants has a 12-month low of $2.28 and a 12-month high of $3.45.

Good Times Restaurants (NASDAQ:GTIM) last issued its earnings results on Thursday, February 6th. The restaurant operator reported $0.02 earnings per share (EPS) for the quarter. Good Times Restaurants had a return on equity of 7.11% and a net margin of 1.60%.

Institutional Trading of Good Times Restaurants

Several hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its position in Good Times Restaurants by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 85,760 shares of the restaurant operator’s stock worth $222,000 after buying an additional 4,754 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Good Times Restaurants by 11.6% during the 3rd quarter. Geode Capital Management LLC now owns 90,947 shares of the restaurant operator’s stock valued at $247,000 after buying an additional 9,459 shares during the last quarter. Finally, Arcadia Wealth Management Inc. bought a new position in shares of Good Times Restaurants during the 4th quarter worth $129,000. 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.