Nuvera Communications (OTCMKTS:NUVR) Shares Down 5.8% – Should You Sell?

Shares of Nuvera Communications, Inc. (OTCMKTS:NUVR) fell 5.8% during mid-day trading on Tuesday . The stock traded as low as $8.31 and last traded at $9.00. 13,010 shares changed hands during trading, an increase of 404% from the average session volume of 2,583 shares. The stock had previously closed at $9.55.

Nuvera Communications Trading Down 5.8 %

The business has a fifty day moving average price of $8.81 and a 200-day moving average price of $8.38. The company has a quick ratio of 0.45, a current ratio of 2.33 and a debt-to-equity ratio of 1.40. The company has a market cap of $46.62 million, a P/E ratio of -5.84 and a beta of 0.28.

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.