Nuvera Communications (OTCMKTS:NUVR) Stock Price Up 0.2% - Should You Buy?

Key Points

• Nuvera Communications stock price increased by 0.2%, closing at $12.52 after trading as high as $12.55, despite a 37% drop in share volume from its average.
• The company reported a quarterly loss of $0.08 EPS with revenue totaling $17.81 million, reflecting a negative net margin of 5.83% but a positive return on equity of 0.89%.
• Nuvera Communications operates as a diversified communications company in the U.S., providing broadband Internet access, VoIP services, and network access to other carriers.

Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report)'s share price rose 0.2% on Tuesday . The company traded as high as $12.55 and last traded at $12.52. Approximately 1,760 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 2,776 shares. The stock had previously closed at $12.50.

Nuvera Communications Price Performance

The stock has a 50-day moving average price of $11.31 and a two-hundred day moving average price of $10.90. The company has a current ratio of 2.39, a quick ratio of 0.72 and a debt-to-equity ratio of 1.49. The stock has a market cap of $65.35 million, a price-to-earnings ratio of -16.26 and a beta of 0.11.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($0.08) EPS for the quarter. Nuvera Communications had a positive return on equity of 0.89% and a negative net margin of 5.83%.The firm had revenue of $17.81 million for the quarter.

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.

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