Nuvera Communications (OTCMKTS:NUVR) Share Price Breaks Above 200 Day Moving Average – Here’s What Happened

Nuvera Communications, Inc. (OTCMKTS:NUVR) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $15.83 and traded as high as $15.92. Nuvera Communications shares last traded at $15.92, with a volume of 100 shares traded.

Nuvera Communications Trading Up 0.5%

The stock has a market capitalization of $83.84 million, a P/E ratio of 80.00 and a beta of 0.13. The stock has a 50-day moving average price of $16.50 and a two-hundred day moving average price of $15.86. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.54 and a current ratio of 1.90.

Nuvera Communications (OTCMKTS:NUVR) last announced its 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 headquartered in New Ulm, Minnesota. The company provides communications and technology services to residential, business, government and wholesale customers in southern Minnesota.

Nuvera’s services include high-speed internet, fiber-optic broadband, voice and telephone services, television, wireless connectivity and home security. For business and institutional customers, the company provides connectivity, networking, managed technology and other communications solutions.

The company traces its history to the independent telephone operations serving the New Ulm area and has expanded its network and service offerings over time.