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

Noble Roman’s Inc. (OTCMKTS:NROM)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.19 and traded as low as $0.18. Noble Roman’s shares last traded at $0.19, with a volume of 12,250 shares trading hands.

Noble Roman’s Stock Performance

The company has a quick ratio of 0.64, a current ratio of 0.96 and a debt-to-equity ratio of 2.07. The company has a market capitalization of $4.23 million, a PE ratio of 6.35 and a beta of 0.50. The business has a 50 day simple moving average of $0.18 and a 200 day simple moving average of $0.19.

Noble Roman’s (OTCMKTS:NROM) last posted its quarterly earnings data on Thursday, August 21st. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $4.08 million for the quarter. Noble Roman’s had a net margin of 3.42% and a return on equity of 21.82%.

About Noble Roman’s

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.