Financial Lp Hrt Acquires 137,430 Shares of Nocera (NASDAQ:NCRA) Stock

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt purchased 137,430 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average cost of $0.09 per share, for a total transaction of $12,368.70. Following the acquisition, the insider directly owned 1,759,862 shares in the company, valued at $158,387.58. This trade represents a 8.47% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases 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 shares were 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 stock was 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 stock traded up $0.01 on Monday, hitting $0.11. 2,045,031 shares of the stock were exchanged, compared to its average volume of 7,214,114. The company has a current ratio of 8.00, a quick ratio of 8.00 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.62 million, a PE ratio of -0.48 and a beta of 1.72. Nocera, Inc. has a one year low of $0.09 and a one year high of $2.40. The firm’s 50 day moving average is $0.19 and its two-hundred day moving average is $0.42.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Nocera in a report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average 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.