Nocera (NASDAQ:NCRA) Major Shareholder Sells $19,978.10 in Stock

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt sold 199,781 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $0.10, for a total transaction of $19,978.10. Following the transaction, the insider directly owned 1,347,050 shares of the company’s stock, valued at approximately $134,705. This trade represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, June 29th, Financial Lp Hrt purchased 117,565 shares of Nocera stock. The stock was bought at an average price of $0.10 per share, for a total transaction of $11,756.50.
• 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 Thursday, June 25th, Financial Lp Hrt purchased 137,430 shares of Nocera stock. The stock was purchased at an average cost of $0.09 per share, for a total transaction of $12,368.70.
• 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 transaction 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 transaction of $8,066.10.

Nocera Price Performance

Shares of NCRA opened at $0.07 on Friday. Nocera, Inc. has a twelve month low of $0.06 and a twelve month high of $2.40. The company has a market capitalization of $1.01 million, a P/E ratio of -0.30 and a beta of 1.89. The firm has a 50 day moving average of $0.17 and a 200 day moving average of $0.39.

Shares of Nocera are scheduled 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 (NASDAQ:NCRA) last posted its 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 business had revenue of $2.28 million during the quarter.

Wall Street Analysts Forecast Growth

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