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

Nuvera Communications, Inc. (OTCMKTS:NUVR)’s share price dropped 0.5% on Wednesday . The stock traded as low as $16.78 and last traded at $17.16. Approximately 1,250 shares changed hands during trading, a decline of 27% from the average session volume of 1,712 shares. The stock had previously closed at $17.25.

Nuvera Communications Stock Down 0.5%

The company has a market cap of $89.92 million, a price-to-earnings ratio of 85.80 and a beta of 0.14. The stock has a 50-day simple moving average of $17.27 and a 200-day simple moving average of $16.30. The company has a current ratio of 1.90, a quick ratio of 0.54 and a debt-to-equity ratio of 1.47.

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