Noble Roman’s Inc. (OTCMKTS:NROM) Short Interest Down 85.0% in August

Noble Roman’s Inc. (OTCMKTS:NROM) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 894 shares, a decline of 85.0% from the July 30th total of 5,971 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,449 shares, the short-interest ratio is currently 0.0 days.

Noble Roman’s Price Performance

Noble Roman’s stock remained flat at $0.63 during mid-day trading on Wednesday. 15,197 shares of the company’s stock were exchanged, compared to its average volume of 28,547. Noble Roman’s has a 12 month low of $0.16 and a 12 month high of $0.77. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.33 and a quick ratio of 0.97. The company has a market cap of $14.18 million, a P/E ratio of 12.51 and a beta of 0.11. The business’s 50-day simple moving average is $0.62 and its 200-day simple moving average is $0.44.

Noble Roman’s (OTCMKTS:NROM) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.01 EPS for the quarter. The business had revenue of $4.12 million for the quarter. Noble Roman’s had a return on equity of 30.64% and a net margin of 6.58%.

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.