Nuvera Communications (OTCMKTS:NUVR) Trading Up 2.3% – Still a Buy?

Nuvera Communications, Inc. (OTCMKTS:NUVR)’s stock price was up 2.3% on Thursday . The stock traded as high as $8.75 and last traded at $8.75. Approximately 5,100 shares were traded during trading, an increase of 125% from the average daily volume of 2,264 shares. The stock had previously closed at $8.55.

Nuvera Communications Stock Performance

The business’s 50-day moving average is $8.21 and its two-hundred day moving average is $8.68. The company has a current ratio of 2.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $45.33 million, a PE ratio of -5.95 and a beta of 0.29.

Nuvera Communications (OTCMKTS:NUVR) last announced its earnings results on Wednesday, August 14th. The company reported ($0.08) EPS for the quarter. Nuvera Communications had a negative net margin of 11.27% and a positive return on equity of 1.71%. The company had revenue of $17.18 million for the quarter.

About Nuvera Communications

Nuvera Communications, Inc operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network.