Nocera (NASDAQ:NCRA) Major Shareholder Financial Lp Hrt Buys 137,430 Shares

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt bought 137,430 shares of Nocera stock in a transaction on Thursday, June 25th. The shares were purchased at an average cost of $0.09 per share, for a total transaction of $12,368.70. Following the acquisition, the insider owned 1,759,862 shares in the company, valued at $158,387.58. The trade was a 8.47% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% 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 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 value of $9,546.60.
• On Tuesday, June 23rd, Financial Lp Hrt sold 12,188 shares of Nocera stock. The shares were sold at an average price of $0.11, for a total value 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 value of $8,066.10.

Nocera Stock Performance

Shares of NCRA opened at $0.11 on Tuesday. The business’s fifty day moving average price is $0.18 and its 200 day moving average price is $0.42. Nocera, Inc. has a 12-month low of $0.09 and a 12-month high of $2.40. The stock has a market capitalization of $1.62 million, a PE ratio of -0.48 and a beta of 1.72. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.00 and a quick ratio of 8.00.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, According to data from MarketBeat.com, the company 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.