Short Interest in Nuvera Communications, Inc. (OTCMKTS:NUVR) Rises By 1,656.3%
by Renee Jackson · The Cerbat GemNuvera Communications, Inc. (OTCMKTS:NUVR – Get Free Report) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 281 shares, an increase of 1,656.3% from the November 30th total of 16 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 6,593 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 6,593 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Nuvera Communications Stock Performance
NUVR stock traded up $0.10 on Wednesday, reaching $14.20. The company’s stock had a trading volume of 100 shares, compared to its average volume of 2,909. Nuvera Communications has a 52 week low of $9.25 and a 52 week high of $15.00. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.77 and a quick ratio of 0.49. The company has a market capitalization of $74.12 million, a P/E ratio of 117.50 and a beta of 0.06. The firm has a fifty day moving average of $12.87 and a two-hundred day moving average of $12.21.
Nuvera Communications (OTCMKTS:NUVR – Get Free Report) last announced its earnings results on Friday, November 14th. The company reported ($0.05) earnings per share for the quarter. Nuvera Communications had a negative net margin of 6.26% and a positive return on equity of 0.55%. The business had revenue of $18.04 million for the quarter.
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.