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

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

Good Times Restaurants Trading Down 1.7 %

NASDAQ:GTIM opened at $2.83 on Friday. The stock has a market capitalization of $30.42 million, a price-to-earnings ratio of 47.17 and a beta of 1.88. Good Times Restaurants has a 52 week low of $2.15 and a 52 week high of $3.45. The company has a quick ratio of 0.38, a current ratio of 0.47 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average of $2.72 and a 200 day moving average of $2.63.

Good Times Restaurants (NASDAQ:GTIM) last issued its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.12 EPS for the quarter. Good Times Restaurants had a return on equity of 3.48% and a net margin of 0.80%. The firm had revenue of $37.94 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP raised its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter. 12.06% of the stock is currently owned by institutional investors and hedge funds.

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.