Nuvera Communications, Inc. (OTCMKTS:NUVR) Sees Large Growth in Short Interest

Nuvera Communications, Inc. (OTCMKTS:NUVR) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 300 shares, a growth of ? from the April 30th total of 0 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,356 shares, the days-to-cover ratio is currently 0.0 days.

Nuvera Communications Stock Up 2.4%

OTCMKTS:NUVR traded up $0.40 during trading hours on Monday, reaching $17.18. The company had a trading volume of 34,380 shares, compared to its average volume of 3,661. The company has a quick ratio of 0.58, a current ratio of 2.28 and a debt-to-equity ratio of 1.48. The firm has a market cap of $89.78 million, a price-to-earnings ratio of 114.50 and a beta of 0.14. The business’s 50-day simple moving average is $15.36 and its two-hundred day simple moving average is $14.08. Nuvera Communications has a twelve month low of $10.14 and a twelve month high of $17.50.

Nuvera Communications (OTCMKTS:NUVR) last posted its quarterly earnings results on Friday, May 15th. The company reported $0.29 EPS for the quarter. The business had revenue of $18.43 million during the quarter. Nuvera Communications had a net margin of 1.21% and a return on equity of 0.92%.

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. It also provides video services, including commercial TV programming, cable television services, and video-on-demand services; data services for business and residential customers; email and managed services comprising web hosting and design, online file back up, and online file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment.