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

Noble Roman’s Inc. (OTCMKTS:NROM) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 894 shares, a drop of 85.0% from the July 30th total of 5,971 shares. Approximately 0.0% of the company’s 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

Shares of OTCMKTS:NROM remained flat at $0.63 during trading on Wednesday. 15,197 shares of the stock traded hands, compared to its average volume of 28,547. The stock has a market capitalization of $14.18 million, a PE ratio of 12.51 and a beta of 0.11. The company has a quick ratio of 0.97, a current ratio of 1.33 and a debt-to-equity ratio of 1.39. Noble Roman’s has a twelve month low of $0.16 and a twelve month high of $0.77. The company has a 50-day moving average of $0.62 and a 200 day moving average of $0.44.

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

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.