Noble Roman’s (OTCMKTS:NROM) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

Shares of Noble Roman’s Inc. (OTCMKTS:NROMGet Free Report) crossed 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.

Noble Roman’s Trading Down 20.2%

The stock has a market cap of $5.78 million, a PE ratio of 5.20 and a beta of 0.44. The business has a fifty day simple moving average of $0.34 and a two-hundred day simple moving average of $0.26.

Noble Roman’s (OTCMKTS:NROMGet Free Report) last posted its quarterly 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 company had revenue of $4.14 million for 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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