Noble Roman’s (OTCMKTS:NROM) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Noble Roman’s Inc. (OTCMKTS:NROMGet Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.25 and traded as high as $0.3234. Noble Roman’s shares last traded at $0.3234, with a volume of 2,000 shares changing hands.

Noble Roman’s Price Performance

The business’s 50-day simple moving average is $0.35 and its two-hundred day simple moving average is $0.25. The stock has a market capitalization of $7.19 million, a price-to-earnings ratio of 6.47 and a beta of 0.44.

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

About Noble Roman’s

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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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