Nuvera Communications (OTCMKTS:NUVR) Shares Down 5.5% – Here’s What Happened

Nuvera Communications, Inc. (OTCMKTS:NUVR)’s stock price fell 5.5% on Tuesday . The stock traded as low as $15.03 and last traded at $15.60. 18,058 shares traded hands during trading, an increase of 849% from the average session volume of 1,904 shares. The stock had previously closed at $16.50.

Nuvera Communications Stock Up 5.4%

The company has a fifty day moving average of $14.77 and a two-hundred day moving average of $13.80. The company has a market cap of $85.98 million, a PE ratio of 328.87 and a beta of 0.14. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.38 and a current ratio of 1.47.

Nuvera Communications (OTCMKTS:NUVR) last released its quarterly earnings results on Monday, March 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $18.06 million for the quarter. Nuvera Communications had a net margin of 0.46% and a return on equity of 0.35%.

Nuvera Communications Company Profile

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.