Nocera (NASDAQ:NCRA) Rating Lowered to “Strong Sell” at Wall Street Zen

Nocera (NASDAQ:NCRA) was downgraded by Wall Street Zen to a “strong sell” rating in a report issued on Sunday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Nocera in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Nocera Trading Down 3.0%

Shares of NASDAQ:NCRA traded down $0.05 during midday trading on Friday, hitting $1.59. 188,302 shares of the stock were exchanged, compared to its average volume of 1,106,266. Nocera has a twelve month low of $1.40 and a twelve month high of $72.00. The company has a 50 day moving average price of $4.78 and a 200-day moving average price of $10.77. The stock has a market cap of $810,900.00, a P/E ratio of -7.23 and a beta of 1.89.

Nocera (NASDAQ:NCRA) last posted its earnings results on Wednesday, April 15th. The company reported ($1.50) earnings per share for the quarter. The business had revenue of $3.52 million for the quarter. Nocera had a negative net margin of 44.02% and a negative return on equity of 207.32%.

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.