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

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

Nocera Stock Performance

Shares of NASDAQ NCRA remained flat at $0.07 during mid-day trading on Friday. 9,494,981 shares of the stock were exchanged, compared to its average volume of 26,380,170. The stock’s 50 day moving average price is $0.17 and its 200-day moving average price is $0.39. Nocera has a 12-month low of $0.06 and a 12-month high of $2.40.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nocera in a report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Nocera currently has a consensus 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.