Nuvera Communications (OTCMKTS:NUVR) Trading Up 0.2% - Time to 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 was up 0.2% during trading on Tuesday . The stock 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 Stock Down 0.6%

The firm has a 50-day moving average price of $11.42 and a 200 day moving average price of $10.96. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.39 and a quick ratio of 0.60. The company has a market cap of $66.56 million, a price-to-earnings ratio of -16.56 and a beta of 0.11.

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

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.