Nuvera Communications (OTCMKTS:NUVR) Trading 1.6% Higher - Should You Buy?

Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report)'s stock price rose 1.6% during trading on Thursday . The stock traded as high as $11.07 and last traded at $11.07. Approximately 700 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 7,184 shares. The stock had previously closed at $10.90.

Nuvera Communications Trading Down 0.6%

The company has a current ratio of 2.33, a quick ratio of 0.45 and a debt-to-equity ratio of 1.40. The business has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $10.33. The stock has a market cap of $57.37 million, a price-to-earnings ratio of -7.14 and a beta of 0.11.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.19 EPS for the quarter. Nuvera Communications had a positive return on equity of 1.33% and a negative net margin of 11.65%. The company had revenue of $17.88 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.