Nuvera Communications (OTCMKTS:NUVR) Posts Earnings Results

Nuvera Communications (OTCMKTS:NUVR) released its earnings results on Friday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Nuvera Communications had a net margin of 1.21% and a return on equity of 0.92%.

Nuvera Communications Stock Performance

OTCMKTS:NUVR traded up $0.15 during midday trading on Friday, hitting $17.40. The company’s stock had a trading volume of 500 shares, compared to its average volume of 3,377. Nuvera Communications has a fifty-two week low of $11.25 and a fifty-two week high of $18.18. The firm’s 50 day moving average is $17.49 and its 200-day moving average is $15.72. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.28 and a quick ratio of 0.58. The firm has a market cap of $91.18 million, a P/E ratio of 116.00 and a beta of 0.14.

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.