Nuvera Communications (OTCMKTS:NUVR) Shares Down 3.9%

Nuvera Communications, Inc. (OTCMKTS:NUVR) dropped 3.9% on Thursday . The company traded as low as $8.55 and last traded at $8.55. Approximately 5,567 shares traded hands during mid-day trading, an increase of 162% from the average daily volume of 2,128 shares. The stock had previously closed at $8.90.

Nuvera Communications Stock Performance

The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.53 and a current ratio of 3.12. The company has a market cap of $45.58 million, a P/E ratio of -6.67 and a beta of 0.28. The business has a 50 day moving average price of $9.55 and a two-hundred day moving average price of $10.61.

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