Noble Roman’s Inc. (OTCMKTS:NROM) Short Interest Update

Noble Roman’s Inc. (OTCMKTS:NROM) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 5,971 shares, a drop of 70.7% from the July 15th total of 20,346 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 37,297 shares, the short-interest ratio is currently 0.2 days.

Noble Roman’s Stock Performance

Shares of Noble Roman’s stock opened at $0.66 on Thursday. The company’s 50-day moving average price is $0.59 and its 200-day moving average price is $0.42. Noble Roman’s has a 12-month low of $0.14 and a 12-month high of $0.77. The company has a market cap of $14.96 million, a price-to-earnings ratio of 11.00 and a beta of 0.11.

Noble Roman’s (OTCMKTS:NROM) last announced its earnings results on Wednesday, August 12th. The company reported $0.01 earnings per share for the quarter. Noble Roman’s had a net margin of 7.68% and a return on equity of 38.57%. The business had revenue of $4.12 million for the quarter.

Noble Roman’s Company Profile

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.