Nuvera Communications (OTCMKTS:NUVR) Issues Quarterly Earnings Results

Key Points

• Nuvera Communications reported a quarterly earnings per share (EPS) of ($0.08), alongside a positive return on equity of 0.87% and a negative net margin of 5.89%.
• The company's stock price increased by 1.9% during trading, reaching $12.25, with a market cap of $63.88 million.
• Nuvera operates as a diversified communications provider in the U.S., offering broadband Internet and voice over Internet protocol (VoIP) services.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.08) EPS for the quarter, Zacks reports. Nuvera Communications had a positive return on equity of 0.87% and a negative net margin of 5.89%.

Nuvera Communications Trading Up 1.9%

OTCMKTS NUVR traded up $0.23 during trading on Thursday, hitting $12.25. The company had a trading volume of 5,229 shares, compared to its average volume of 2,834. The company's fifty day moving average is $11.18 and its 200-day moving average is $10.82. The company has a current ratio of 3.63, a quick ratio of 0.72 and a debt-to-equity ratio of 1.50. The company has a market cap of $63.88 million, a price-to-earnings ratio of -15.91 and a beta of 0.11. Nuvera Communications has a one year low of $7.25 and a one year high of $12.66.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.