Noble Roman’s (OTCMKTS:NROM) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Noble Roman’s Inc. (OTCMKTS:NROM) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.25 and traded as low as $0.15. Noble Roman’s shares last traded at $0.17, with a volume of 127,000 shares.

Noble Roman’s Price Performance

The business has a 50 day moving average price of $0.19 and a two-hundred day moving average price of $0.25. The stock has a market cap of $3.72 million, a PE ratio of 5.59 and a beta of 0.70. 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 announced its earnings results on Thursday, August 21st. The company reported $0.02 earnings per share for the quarter. Noble Roman’s had a return on equity of 22.81% and a net margin of 3.42%.The firm had revenue of $4.08 million for the quarter.

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.