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

Analysts at StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report released on Saturday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Good Times Restaurants stock opened at $2.49 on Friday. Good Times Restaurants has a 52-week low of $2.18 and a 52-week high of $3.45. The firm has a fifty day moving average of $2.50 and a 200-day moving average of $2.70. The firm has a market capitalization of $26.50 million, a P/E ratio of 11.32 and a beta of 1.85. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.08.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP lifted its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund 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 as of its most recent filing with the SEC. 12.06% of the stock is currently owned by hedge funds and other institutional investors.

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.