Nuvera Communications (OTCMKTS:NUVR) Shares Down 0.5% – Time to Sell?

Nuvera Communications, Inc. (OTCMKTS:NUVR) shares were down 0.5% during mid-day trading on Wednesday . The stock traded as low as $16.78 and last traded at $17.16. Approximately 1,250 shares were traded during trading, a decline of 27% from the average daily volume of 1,712 shares. The stock had previously closed at $17.25.

Nuvera Communications Stock Performance

The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.54 and a current ratio of 1.90. The stock’s fifty day moving average is $17.27 and its two-hundred day moving average is $16.30. The firm has a market cap of $89.92 million, a price-to-earnings ratio of 85.80 and a beta of 0.14.

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

Nuvera Communications Company Profile

Nuvera Communications, Inc is a telecommunications company that provides communications and technology services to residential, business, and institutional customers. Its offerings include broadband internet, voice and telephone services, digital television, wireless connectivity, and related technology solutions.

The company also provides business-focused services such as managed information technology, network connectivity, hosted communications, data transport, and security solutions.