Nuvera Communications (OTCMKTS:NUVR) Shares Down 3.9%

Nuvera Communications, Inc. (OTCMKTS:NUVR)’s share price traded down 3.9% on Thursday . The stock traded as low as $8.55 and last traded at $8.55. 5,567 shares were traded during trading, an increase of 162% from the average session volume of 2,128 shares. The stock had previously closed at $8.90.

Nuvera Communications Trading Up 2.9 %

The firm has a market capitalization of $45.58 million, a price-to-earnings ratio of -6.67 and a beta of 0.28. The company has a current ratio of 3.12, a quick ratio of 0.53 and a debt-to-equity ratio of 1.28. The company has a fifty day moving average price of $9.55 and a two-hundred day moving average price of $10.61.

Nuvera Communications (OTCMKTS:NUVR) last released its quarterly earnings results on Friday, May 10th. The company reported $0.14 EPS for the quarter. The firm had revenue of $16.95 million for the quarter. Nuvera Communications had a negative net margin of 10.25% and a positive return on equity of 2.44%.

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.