Nuvera Communications (OTCMKTS:NUVR) Posts Quarterly Earnings Results

by · The Cerbat Gem

Nuvera Communications (OTCMKTS:NUVR – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.05) earnings per share for the quarter, Zacks reports. The firm had revenue of $18.04 million during the quarter. Nuvera Communications had a positive return on equity of 0.89% and a negative net margin of 5.83%.

Nuvera Communications Stock Performance

Shares of NUVR traded up $0.18 during trading hours on Friday, hitting $12.18. The company’s stock had a trading volume of 892 shares, compared to its average volume of 4,444. The business has a 50 day simple moving average of $12.57 and a two-hundred day simple moving average of $11.75. Nuvera Communications has a 52-week low of $8.05 and a 52-week high of $13.15. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.39 and a quick ratio of 0.60. The company has a market cap of $63.51 million, a price-to-earnings ratio of -15.82 and a beta of 0.10.

About Nuvera Communications

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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.

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