Noble Roman’s (OTCMKTS:NROM) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Noble Roman’s Inc. (OTCMKTS:NROMGet Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.28 and traded as high as $0.34. Noble Roman’s shares last traded at $0.34, with a volume of 38,700 shares.

Noble Roman’s Trading Up 13.3%

The stock has a market capitalization of $8.56 million, a price-to-earnings ratio of 7.70 and a beta of 0.37. The company has a fifty day moving average of $0.31 and a two-hundred day moving average of $0.28.

About Noble Roman’s

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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.

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