Good Times Restaurants (NASDAQ:GTIM) Now Covered by StockNews.com

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

Good Times Restaurants Price Performance

Shares of NASDAQ:GTIM opened at $2.45 on Friday. The firm has a 50 day moving average of $2.52 and a 200-day moving average of $2.70. The stock has a market capitalization of $26.07 million, a PE ratio of 11.14 and a beta of 1.85. The company has a current ratio of 0.42, a quick ratio of 0.33 and a debt-to-equity ratio of 0.03. Good Times Restaurants has a 12 month low of $2.18 and a 12 month high of $3.45.

Good Times Restaurants (NASDAQ:GTIM) last issued its earnings results on Thursday, February 6th. The restaurant operator reported $0.02 EPS for the quarter. Good Times Restaurants had a net margin of 1.60% and a return on equity of 7.12%.

Hedge Funds Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Dimensional Fund Advisors LP grew its position in Good Times Restaurants Inc. (NASDAQ:GTIM) by 5.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,760 shares of the restaurant operator’s stock after buying an additional 4,754 shares during the quarter. Dimensional Fund Advisors LP owned 0.80% of Good Times Restaurants worth $222,000 as of its most recent SEC filing. Hedge funds and other 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.