Noble Roman’s (OTCMKTS:NROM) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Noble Roman’s Inc. (OTCMKTS:NROMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.26 and traded as low as $0.26. Noble Roman’s shares last traded at $0.26, with a volume of 250 shares traded.

Noble Roman’s Stock Performance

The firm’s 50 day moving average price is $0.34 and its two-hundred day moving average price is $0.26. The firm has a market cap of $5.78 million, a PE ratio of 5.20 and a beta of 0.44.

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

Noble Roman’s Company Profile

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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.

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