Good Times Restaurants Inc. (NASDAQ:GTIM) CFO Ryan M. Zink purchased 5,000 shares of Good Times Restaurants stock in a transaction that occurred on Wednesday, September 20th. The shares were bought at an average cost of $2.60 per share, with a total value of $13,000.00. Following the completion of the transaction, the chief financial officer now directly owns 15,000 shares of the company’s stock, valued at approximately $39,000. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Good Times Restaurants Inc. (NASDAQ GTIM) traded up 2.01% during trading on Friday, hitting $2.70. The stock had a trading volume of 20,621 shares. The company’s market capitalization is $33.55 million. Good Times Restaurants Inc. has a 52 week low of $2.50 and a 52 week high of $3.78. The company’s 50 day moving average price is $2.95 and its 200 day moving average price is $3.22.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings data on Thursday, August 10th. The restaurant operator reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.03). Good Times Restaurants had a negative net margin of 2.25% and a negative return on equity of 4.44%. The firm had revenue of $21.70 million during the quarter, compared to analysts’ expectations of $21.70 million. Analysts predict that Good Times Restaurants Inc. will post ($0.19) earnings per share for the current year.

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A hedge fund recently raised its stake in Good Times Restaurants stock. Granite Point Capital Management L.P. boosted its position in Good Times Restaurants Inc. (NASDAQ:GTIM) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 273,050 shares of the restaurant operator’s stock after purchasing an additional 16,300 shares during the period. Granite Point Capital Management L.P. owned about 2.22% of Good Times Restaurants worth $969,000 as of its most recent SEC filing. 32.72% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on GTIM. TheStreet cut Good Times Restaurants from a “c-” rating to a “d” rating in a research report on Friday, August 11th. Maxim Group reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Good Times Restaurants in a research report on Friday, August 11th. ValuEngine cut Good Times Restaurants from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research cut Good Times Restaurants from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th.

About Good Times Restaurants

Good Times Restaurants Inc operates and franchises Good Times Burgers & Frozen Custard (Good Times) restaurants and Bad Daddy’s Burger Bar concept (Bad Daddy’s). The Company operates through two segments: Good Times Burgers and Frozen Custard restaurants, and Bad Daddy’s Burger Bar restaurants. Good Times is a quick service restaurant concept.

Insider Buying and Selling by Quarter for Good Times Restaurants (NASDAQ:GTIM)

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