Nuvera Communications (OTCMKTS:NUVR) Shares Up 0.6% - Still a Buy?

Shares of Nuvera Communications, Inc. (OTCMKTS:NUVR - Get Free Report) were up 0.6% during trading on Friday . The stock traded as high as $11.07 and last traded at $11.07. Approximately 1,000 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 2,510 shares. The stock had previously closed at $11.00.

Nuvera Communications Stock Performance

The firm's 50 day moving average is $10.87 and its 200-day moving average is $10.58. The stock has a market capitalization of $57.94 million, a price-to-earnings ratio of -14.42 and a beta of 0.09. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.72 and a current ratio of 3.63.

Nuvera Communications (OTCMKTS:NUVR - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.19 earnings per share for the quarter. The company had revenue of $17.88 million during the quarter. Nuvera Communications had a positive return on equity of 0.87% and a negative net margin of 5.89%.

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.