Nuvera Communications (OTCMKTS:NUVR) Stock Price Breaks Above Fifty Day Moving Average – Here’s What Happened

Nuvera Communications, Inc. (OTCMKTS:NUVR)’s stock price passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $16.31 and traded as high as $16.40. Nuvera Communications shares last traded at $16.40, with a volume of 3,800 shares traded.

Nuvera Communications Price Performance

The company has a debt-to-equity ratio of 1.47, a current ratio of 1.90 and a quick ratio of 0.54. The stock has a market capitalization of $85.94 million, a price-to-earnings ratio of 82.00 and a beta of 0.13. The stock has a 50 day moving average price of $16.28 and a 200-day moving average price of $15.99.

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

About Nuvera Communications

Nuvera Communications is a Minnesota-based telecommunications provider offering broadband internet, voice and video services to residential and business customers. Its services include fiber internet, phone service and television, as well as communications and technology solutions for businesses. Based in New Ulm, the company serves communities in south-central Minnesota. Nuvera traces its roots to the New Ulm Telephone Company, which began providing local telephone service in the early 20th century.