Financial Lp Hrt Sells 199,781 Shares of Nocera (NASDAQ:NCRA) Stock

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt sold 199,781 shares of Nocera stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $0.10, for a total transaction of $19,978.10. Following the completion of the transaction, the insider directly owned 1,347,050 shares of the company’s stock, valued at approximately $134,705. This represents a 12.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, June 29th, Financial Lp Hrt bought 117,565 shares of Nocera stock. The shares were acquired at an average price of $0.10 per share, with a total value of $11,756.50.
• On Friday, June 26th, Financial Lp Hrt sold 95,466 shares of Nocera stock. The stock was sold at an average price of $0.10, for a total transaction of $9,546.60.
• On Thursday, June 25th, Financial Lp Hrt purchased 137,430 shares of Nocera stock. The stock was acquired at an average price of $0.09 per share, for a total transaction of $12,368.70.
• On Tuesday, June 23rd, Financial Lp Hrt sold 12,188 shares of Nocera stock. The stock was sold at an average price of $0.11, for a total transaction of $1,340.68.
• On Wednesday, June 24th, Financial Lp Hrt sold 80,661 shares of Nocera stock. The shares were sold at an average price of $0.10, for a total transaction of $8,066.10.

Nocera Stock Down 34.4%

Shares of NASDAQ:NCRA opened at $0.07 on Friday. The company has a market cap of $1.01 million, a PE ratio of -0.30 and a beta of 1.89. Nocera, Inc. has a fifty-two week low of $0.06 and a fifty-two week high of $2.40. The firm has a 50-day simple moving average of $0.18 and a 200 day simple moving average of $0.39.

Nocera (NASDAQ:NCRA) last issued its earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. Nocera had a negative return on equity of 207.32% and a negative net margin of 44.02%.The business had revenue of $2.28 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Nocera in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Nocera currently has a consensus rating of “Sell”.

About Nocera

Nocera, Inc, together with its subsidiaries, designs, develops, and produces recirculating aquaculture systems for fish farms in Taiwan. The company also offers consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services. In addition, the company sells signature seafood porridge bowl through its flagship bento box store. The company was founded in 2014 and is headquartered in New Taipei City, Taiwan.