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

Equities researchers at StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued on Thursday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Trading Down 1.6 %

NASDAQ GTIM opened at $2.52 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.42 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $26.86 million, a P/E ratio of 16.80 and a beta of 1.85. Good Times Restaurants has a 52-week low of $2.18 and a 52-week high of $3.45. The firm has a 50-day moving average price of $2.54 and a 200 day moving average price of $2.71.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings results on Thursday, February 6th. The restaurant operator reported $0.02 earnings per share for the quarter. Good Times Restaurants had a return on equity of 4.95% and a net margin of 1.13%.

Institutional Trading of Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP increased its position in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,959 shares of the restaurant operator’s stock after acquiring an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned approximately 0.59% of Good Times Restaurants worth $164,000 as of its most recent SEC filing. Institutional investors own 12.06% of the company’s 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.