Nocera (NASDAQ:NCRA) Trading Down 1.4% – What’s Next?

Nocera, Inc. (NASDAQ:NCRA) was down 1.4% during mid-day trading on Monday . The stock traded as low as $0.72 and last traded at $0.8210. Approximately 57,814 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 75,654 shares. The stock had previously closed at $0.8330.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Nocera in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Nocera Trading Down 1.4%

The company has a 50 day moving average of $1.16 and a 200 day moving average of $1.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.47 and a current ratio of 2.47. The stock has a market capitalization of $11.80 million, a price-to-earnings ratio of -3.42 and a beta of 1.36.

Nocera Company Profile

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.