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

Noble Roman’s Inc. (OTCMKTS:NROM)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.27 and traded as low as $0.27. Noble Roman’s shares last traded at $0.27, with a volume of 400 shares.

Noble Roman’s Stock Performance

The company’s 50-day simple moving average is $0.33 and its 200 day simple moving average is $0.27. The stock has a market cap of $6.22 million, a P/E ratio of 5.60 and a beta of 0.46.

About Noble Roman’s

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.