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

Analysts at StockNews.com initiated coverage on shares of Good Times Restaurants (NASDAQ:GTIM) in a research report issued to clients and investors on Wednesday. The brokerage set a “strong-buy” rating on the restaurant operator’s stock.

Good Times Restaurants Stock Down 0.6%

Shares of NASDAQ GTIM opened at $1.59 on Wednesday. The company has a current ratio of 0.42, a quick ratio of 0.33 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $16.92 million, a PE ratio of 7.23 and a beta of 1.37. The firm’s 50-day moving average is $2.05 and its 200-day moving average is $2.38. Good Times Restaurants has a 1 year low of $1.51 and a 1 year high of $3.45.

Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings data on Thursday, May 8th. The restaurant operator reported ($0.01) earnings per share (EPS) for the quarter. Good Times Restaurants had a net margin of 1.60% and a return on equity of 7.11%.

Hedge Funds Weigh In On Good Times Restaurants

An institutional investor recently bought a new position in Good Times Restaurants stock. Arcadia Wealth Management Inc. purchased a new stake in Good Times Restaurants Inc. (NASDAQ:GTIM) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 49,635 shares of the restaurant operator’s stock, valued at approximately $129,000. Arcadia Wealth Management Inc. owned 0.47% of Good Times Restaurants at the end of the most recent reporting period. 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.