Noble Roman’s (OTCMKTS:NROM) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Noble Roman’s Inc. (OTCMKTS:NROM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.29 and traded as high as $0.3950. Noble Roman’s shares last traded at $0.3510, with a volume of 46,500 shares trading hands.

Noble Roman’s Stock Performance

The firm’s 50 day moving average is $0.31 and its two-hundred day moving average is $0.29. The stock has a market capitalization of $7.80 million, a PE ratio of 7.02 and a beta of 0.37.

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.