Nuvera Communications, Inc. (OTCMKTS:NUVR – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 6 shares, a decline of 97.6% from the September 15th total of 250 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,627 shares, the days-to-cover ratio is presently 0.0 days.
Nuvera Communications Stock Performance
Shares of OTCMKTS NUVR remained flat at $15.79 during trading on Friday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 2,393. The company has a market cap of $82.71 million, a P/E ratio of 78.93 and a beta of 0.13. Nuvera Communications has a 52 week low of $11.25 and a 52 week high of $18.18. The firm has a 50 day moving average of $16.91 and a 200-day moving average of $16.62. 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 – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $17.66 million for the quarter. Nuvera Communications had a return on equity of 1.19% and a net margin of 1.58%.
About Nuvera Communications
Nuvera Communications, Inc is a telecommunications provider headquartered in New Ulm, Minnesota. The company delivers broadband connectivity and communications services to residential, business and institutional customers, with offerings that include high-speed internet, voice services and digital television.
Nuvera also provides business-oriented technology solutions, including fiber-based connectivity, data networking, hosted voice and related communications services. Its network infrastructure includes fiber-optic facilities designed to support broadband access and other telecommunications applications.
The company’s operations are focused primarily on communities in southern and central Minnesota.
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