Nuvera Communications, Inc. (OTCMKTS:NUVR) Sees Large Growth in Short Interest

by · The Markets Daily

Nuvera Communications, Inc. (OTCMKTS:NUVR – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 300 shares, a growth of ∞ from the April 30th total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,356 shares, the short-interest ratio is currently 0.0 days.

Nuvera Communications Trading Up 2.4%

Shares of NUVR stock traded up $0.40 during trading hours on Monday, hitting $17.18. 34,380 shares of the company’s stock traded hands, compared to its average volume of 3,661. The stock’s 50 day simple moving average is $15.36 and its 200 day simple moving average is $14.08. The stock has a market cap of $89.78 million, a PE ratio of 114.50 and a beta of 0.14. Nuvera Communications has a 12 month low of $10.14 and a 12 month high of $17.50. The company has a quick ratio of 0.58, a current ratio of 2.28 and a debt-to-equity ratio of 1.48.

Nuvera Communications (OTCMKTS:NUVR – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.29 earnings per share (EPS) for the quarter. Nuvera Communications had a net margin of 1.21% and a return on equity of 0.92%. The firm had revenue of $18.43 million during the quarter.

Nuvera Communications Company Profile

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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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