Nuvera Communications (OTCMKTS:NUVR) Trading Up 2.3% – Here’s Why

Nuvera Communications, Inc. (OTCMKTS:NUVR) shares rose 2.3% on Thursday . The stock traded as high as $8.75 and last traded at $8.75. Approximately 5,100 shares traded hands 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 Price Performance

The firm has a market cap of $45.31 million, a PE ratio of -5.95 and a beta of 0.29. The stock has a 50 day simple moving average of $8.19 and a two-hundred day simple moving average of $8.70. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.44 and a current ratio of 2.49.

Nuvera Communications (OTCMKTS:NUVR) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.08) earnings per share (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 during the quarter.

Nuvera Communications Company Profile

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.