Noble Roman’s Inc. (OTCMKTS:NROM) Director Marcel Herbst bought 169,000 shares of the firm’s stock in a transaction on Monday, September 18th. The shares were bought 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 can be accessed through the SEC website.

Shares of Noble Roman’s Inc. (NROM) opened at 0.62 on Tuesday. The firm’s 50 day moving average is $0.47 and its 200-day moving average is $0.48. Noble Roman’s Inc. has a 52 week low of $0.36 and a 52 week high of $0.88. The firm’s market cap is $12.89 million.

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

About Noble Roman’s

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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