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

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report sent to investors on Wednesday. The firm issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of NASDAQ:GTIM opened at $2.54 on Wednesday. The firm has a market capitalization of $27.08 million, a PE ratio of 16.93 and a beta of 1.86. Good Times Restaurants has a 1 year low of $2.18 and a 1 year high of $3.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.42 and a quick ratio of 0.33. The firm’s 50-day moving average is $2.56 and its two-hundred day moving average is $2.71.

Good Times Restaurants (NASDAQ:GTIM) last released its earnings results on Thursday, December 12th. The restaurant operator reported $0.02 earnings per share (EPS) for the quarter. Good Times Restaurants had a net margin of 1.13% and a return on equity of 4.95%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its stake in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 64,959 shares of the restaurant operator’s stock after buying an additional 26,980 shares during the quarter. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the SEC. 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.