Good Times Restaurants (NASDAQ:GTIM) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a report issued on Friday morning. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Stock Down 1.2 %

Good Times Restaurants stock opened at $2.45 on Friday. Good Times Restaurants has a fifty-two week low of $2.18 and a fifty-two week high of $3.45. The firm has a market capitalization of $26.12 million, a PE ratio of 11.14 and a beta of 1.85. The company’s 50-day moving average is $2.52 and its 200-day moving average is $2.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.42 and a quick ratio of 0.33.

Good Times Restaurants (NASDAQ:GTIM) last announced 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 7.12% 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 increased its stake in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 85,760 shares of the restaurant operator’s stock after buying an additional 4,754 shares during the period. Dimensional Fund Advisors LP owned 0.80% of Good Times Restaurants worth $222,000 as of its most recent filing with the SEC. Institutional investors and hedge funds 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.