Noble Roman’s (OTCMKTS:NROM) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Noble Roman’s Inc. (OTCMKTS:NROM)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.30 and traded as low as $0.20. Noble Roman’s shares last traded at $0.20, with a volume of 10,102 shares traded.

Noble Roman’s Trading Down 6.3%

The stock has a 50-day moving average of $0.20 and a two-hundred day moving average of $0.30. The company has a market cap of $4.44 million, a P/E ratio of 20.02 and a beta of 0.65. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.58 and a current ratio of 0.89.

Noble Roman’s (OTCMKTS:NROM) last issued its quarterly earnings results on Thursday, June 26th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $3.76 million during the quarter. Noble Roman’s had a return on equity of 9.40% and a net margin of 1.40%.

Noble Roman’s Company Profile

Noble Roman's, Inc sells and services franchises, and licenses and operates foodservice locations for stand-alone restaurants and non-traditional foodservice operations. The company franchises, licenses, and operates foodservice locations under the Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs trade names, which provide breadsticks and cheesy stix with dip, pizza, pasta, salads, wings, baked sandwiches, and other related breakfast products, as well as a selection of desserts.