Nuvera Communications, Inc. (OTCMKTS:NUVR – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 776 shares, a growth of 1,008.6% from the June 15th total of 70 shares. Based on an average trading volume of 4,797 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.
Nuvera Communications Trading Down 0.3%
OTCMKTS NUVR traded down $0.06 on Friday, hitting $17.44. 2,687 shares of the stock were exchanged, compared to its average volume of 1,714. The company’s 50-day moving average price is $17.04 and its two-hundred day moving average price is $15.06. The company has a debt-to-equity ratio of 1.48, a current ratio of 2.28 and a quick ratio of 0.58. Nuvera Communications has a 52-week low of $10.50 and a 52-week high of $18.18. The company has a market capitalization of $91.45 million, a price-to-earnings ratio of 116.26 and a beta of 0.14.
Nuvera Communications (OTCMKTS:NUVR – Get Free Report) last issued its earnings results on Friday, May 15th. The company reported $0.29 EPS for the quarter. The business had revenue of $18.43 million during the quarter. Nuvera Communications had a return on equity of 0.92% and a net margin of 1.21%.
About Nuvera Communications
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.
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