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

Equities research analysts at StockNews.com assumed coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued on Tuesday. The firm set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Performance

GTIM opened at $2.50 on Tuesday. The firm has a market cap of $26.60 million, a P/E ratio of 11.36 and a beta of 1.90. Good Times Restaurants has a 52-week low of $2.28 and a 52-week high of $3.45. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.33 and a current ratio of 0.42. The business’s fifty day moving average is $2.48 and its 200-day moving average is $2.65.

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

Institutional Trading of Good Times Restaurants

Large investors have recently bought and sold shares of the business. Arcadia Wealth Management Inc. acquired a new stake in Good Times Restaurants in the fourth quarter valued at about $129,000. Dimensional Fund Advisors LP boosted its stake in Good Times Restaurants by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 85,760 shares of the restaurant operator’s stock valued at $222,000 after buying an additional 4,754 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Good Times Restaurants by 11.6% in the third quarter. Geode Capital Management LLC now owns 90,947 shares of the restaurant operator’s stock valued at $247,000 after buying an additional 9,459 shares in the last quarter. 12.06% of the stock is 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.