Nocera, Inc. (NASDAQ:NCRA) Short Interest Down 45.6% in June

Nocera, Inc. (NASDAQ:NCRA) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 199,316 shares, a decrease of 45.6% from the May 31st total of 366,291 shares. Based on an average daily volume of 42,644,618 shares, the short-interest ratio is presently 0.0 days. Currently, 1.4% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

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

Nocera Stock Down 34.4%

Shares of NASDAQ NCRA traded down $0.03 during trading on Thursday, reaching $0.07. The company had a trading volume of 9,494,981 shares, compared to its average volume of 7,177,193. Nocera has a 12 month low of $0.06 and a 12 month high of $2.40. The stock has a market cap of $1.01 million, a P/E ratio of -0.30 and a beta of 1.89. The company’s fifty day moving average price is $0.18 and its 200-day moving average price is $0.40.

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

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.