Noble Roman’s Inc. (OTCMKTS:NROM) Sees Large Decrease in Short Interest

Noble Roman’s Inc. (OTCMKTS:NROM) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 20,346 shares, a decrease of 59.5% from the June 30th total of 50,264 shares. Based on an average trading volume of 67,721 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Noble Roman’s Price Performance

Noble Roman’s stock opened at $0.67 on Monday. The firm has a market capitalization of $15.19 million, a P/E ratio of 11.17 and a beta of 0.13. The stock has a fifty day moving average price of $0.50 and a two-hundred day moving average price of $0.39. Noble Roman’s has a 52-week low of $0.14 and a 52-week high of $0.74.

Noble Roman’s (OTCMKTS:NROM) last posted its earnings results on Monday, June 29th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $3.90 million for the quarter. Noble Roman’s had a net margin of 7.68% and a return on equity of 38.57%.

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.