Nocera Shares Set to Reverse Split on Tuesday, July 7th (NASDAQ:NCRA)

Nocera, Inc. (NASDAQ:NCRA) shares are going to reverse split on Tuesday, July 7th. The 1-30 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, July 6th.

Nocera Stock Performance

NCRA remained flat at $0.07 during trading on Friday. 9,494,981 shares of the company traded hands, compared to its average volume of 26,380,170. Nocera has a 1 year low of $0.06 and a 1 year high of $2.40. The company has a market cap of $1.01 million, a P/E ratio of -0.30 and a beta of 1.89. The stock has a fifty day moving average of $0.17 and a 200-day moving average of $0.39.

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

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nocera in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

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.