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

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

Good Times Restaurants Stock Down 3.6 %

GTIM stock opened at $2.43 on Friday. The stock has a market cap of $25.86 million, a P/E ratio of 11.05 and a beta of 1.85. Good Times Restaurants has a 1-year low of $2.34 and a 1-year high of $3.45. The company has a current ratio of 0.42, a quick ratio of 0.33 and a debt-to-equity ratio of 0.08. The stock’s fifty day simple moving average is $2.49 and its two-hundred day simple moving average is $2.69.

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

Hedge Funds Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP lifted its position in Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 quarter. Hedge funds and other 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.