Marcel Herbst Buys 169,000 Shares of Noble Roman’s Inc. (NROM) Stock

Noble Roman’s Inc. (OTCMKTS:NROM) Director Marcel Herbst purchased 169,000 shares of Noble Roman’s stock in a transaction dated Monday, September 18th. The shares were purchased at an average cost of $0.61 per share, with a total value of $103,090.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Noble Roman’s Inc. (OTCMKTS NROM) opened at 0.62 on Wednesday. Noble Roman’s Inc. has a one year low of $0.36 and a one year high of $0.88. The firm’s market cap is $12.89 million. The stock’s 50 day moving average is $0.47 and its 200 day moving average is $0.48.

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Separately, ValuEngine downgraded shares of Noble Roman’s from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd.

Noble Roman’s Company Profile

Noble Roman’s, Inc, with its two subsidiaries, Pizzaco, Inc and N.R. Realty, Inc, sells and services franchises and licenses for non-traditional foodservice operations and take-n-bake locations under the names Noble Roman’s Pizza, Noble Roman’s Take-N-Bake and Tuscano’s Italian Style Subs. It offers pizza and sub sandwiches, along with other related menu items.

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