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

StockNews.com began coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report released on Monday morning. The brokerage issued a strong-buy rating on the restaurant operator’s stock.

Good Times Restaurants Price Performance

Shares of GTIM opened at $2.41 on Monday. The stock has a market capitalization of $25.64 million, a price-to-earnings ratio of 10.96 and a beta of 1.90. Good Times Restaurants has a 1 year low of $2.28 and a 1 year high of $3.45. The business’s 50 day simple moving average is $2.49 and its 200-day simple moving average is $2.67. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.42 and a quick ratio of 0.33.

Good Times Restaurants (NASDAQ:GTIM) last released its 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 7.11% and a net margin of 1.60%.

Hedge Funds Weigh In On Good Times Restaurants

Large investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its position in shares of Good Times Restaurants by 11.6% during the 3rd quarter. Geode Capital Management LLC now owns 90,947 shares of the restaurant operator’s stock valued at $247,000 after purchasing an additional 9,459 shares during the last quarter. Arcadia Wealth Management Inc. bought a new position in Good Times Restaurants in the 4th quarter valued at $129,000. Finally, Dimensional Fund Advisors LP grew its position in Good Times Restaurants by 5.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 85,760 shares of the restaurant operator’s stock valued at $222,000 after acquiring an additional 4,754 shares during the last quarter. 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.