Nuvera Communications (OTCMKTS:NUVR) Stock Price Breaks Above 200-Day Moving Average – Should You Sell?

Nuvera Communications, Inc. (OTCMKTS:NUVR) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $15.83 and traded as high as $15.92. Nuvera Communications shares last traded at $15.92, with a volume of 100 shares trading hands.

Nuvera Communications Price Performance

The company has a market capitalization of $83.42 million, a PE ratio of 79.60 and a beta of 0.13. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.90 and a quick ratio of 0.54. The company’s 50 day simple moving average is $16.55 and its 200 day simple moving average is $15.83.

Nuvera Communications (OTCMKTS:NUVR) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. Nuvera Communications had a return on equity of 1.19% and a net margin of 1.58%. The company had revenue of $17.66 million for the quarter.

About Nuvera Communications

Nuvera Communications, Inc is a telecommunications company headquartered in New Ulm, Minnesota. The company provides communications and technology services to residential, business, government and wholesale customers in southern Minnesota.

Nuvera’s services include high-speed internet, fiber-optic broadband, voice and telephone services, television, wireless connectivity and home security. For business and institutional customers, the company provides connectivity, networking, managed technology and other communications solutions.

The company traces its history to the independent telephone operations serving the New Ulm area and has expanded its network and service offerings over time.