Noble Roman’s (OTCMKTS:NROM) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Noble Roman’s Inc. (OTCMKTS:NROM) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.28 and traded as high as $0.36. Noble Roman’s shares last traded at $0.3513, with a volume of 30,994 shares traded.

Noble Roman’s Stock Performance

The firm has a market cap of $7.81 million, a P/E ratio of 7.03 and a beta of 0.43. The stock’s 50-day moving average is $0.28 and its 200 day moving average is $0.22.

Noble Roman’s (OTCMKTS:NROM) last posted its earnings results on Wednesday, December 24th. The company reported $0.03 earnings per share for the quarter. Noble Roman’s had a return on equity of 36.47% and a net margin of 6.22%.The firm had revenue of $4.14 million for the quarter.

Noble Roman’s Company Profile

Noble Roman’s Inc is a fast‐casual restaurant franchisor specializing in pizza and Italian‐style menu offerings. The company licenses its Noble Roman’s Pizza brand as well as its Tuscano’s Italian Style Sub brand to franchisees and operates a limited number of company‐owned locations. Through these partnerships, it provides training, marketing support and proprietary recipes to ensure consistency across its network.

The company’s menu centers on large pies, pizza by the slice and hand‐tossed dough products such as pretzels, breadsticks and flatbread sandwiches.