Good Times Restaurants Inc (NASDAQ:GTIM) Stock Sentiment Improves

September 16, 2018 - By Frank Plummer

Good Times Restaurants Inc. (NASDAQ:GTIM) Logo

Sentiment for Good Times Restaurants Inc (NASDAQ:GTIM)

Good Times Restaurants Inc (NASDAQ:GTIM) institutional sentiment increased to 0.83 in Q2 2018. Its up 0.20, from 0.63 in 2018Q1. The ratio has increased, as 5 active investment managers opened new and increased holdings, while 6 decreased and sold stakes in Good Times Restaurants Inc. The active investment managers in our partner’s database now have: 1.94 million shares, down from 1.96 million shares in 2018Q1. Also, the number of active investment managers holding Good Times Restaurants Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 5 Increased: 3 New Position: 2.

Good Times Restaurants, Inc., through its subsidiaries, owns, operates, and franchises restaurants in the United States. The company has market cap of $59.24 million. As of September 27, 2016, it operated 20 company-owned and 7 joint venture drive-thru fast food hamburger restaurants in Colorado, as well as 10 franchises in Colorado and Wyoming under the Good Times Burgers & Frozen Custard name; 9 company-owned full-service upscale casual dining restaurants under the Bad DaddyÂ’s Burger Bar name in Colorado; and 4 company-owned and 3 joint venture full-service upscale casual dining restaurants in North Carolina, as well as 2 franchises in South Carolina and Tennessee under the Bad DaddyÂ’s Burger Bar name. It currently has negative earnings.

It closed at $4.75 lastly. It is down 67.24% since September 16, 2017 and is uptrending. It has outperformed by 51.62% the S&P500.

Analysts await Good Times Restaurants Inc. (NASDAQ:GTIM) to report earnings on December, 6. They expect $-0.05 EPS, 0.00 % or $0.00 from last year’s $-0.05 per share. After $0.02 actual EPS reported by Good Times Restaurants Inc. for the previous quarter, Wall Street now forecasts -350.00 % negative EPS growth.

Manatuck Hill Partners Llc holds 1.57% of its portfolio in Good Times Restaurants Inc. for 1.04 million shares. Granite Point Capital Management L.P. owns 258,050 shares or 0.09% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 141 shares. The New York-based Blackrock Inc. has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 15,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $5,531 activity.

Good Times Restaurants Inc. (NASDAQ:GTIM) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.