Nocera (NASDAQ:NCRA) Releases Quarterly Earnings Results

Nocera (NASDAQ:NCRA) released its earnings results on Wednesday. The company reported ($0.99) EPS for the quarter, FiscalAI reports. The firm had revenue of $2.14 million for the quarter. Nocera had a negative return on equity of 207.32% and a negative net margin of 44.02%.

Nocera Price Performance

NCRA stock traded down $0.12 during midday trading on Wednesday, hitting $1.83. 146,210 shares of the stock traded hands, compared to its average volume of 1,244,894. Nocera has a 1-year low of $1.30 and a 1-year high of $72.00. The stock’s fifty day simple moving average is $3.00 and its 200-day simple moving average is $7.76. The firm has a market cap of $2.84 million, a P/E ratio of -0.28 and a beta of 1.93.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wall Street Zen lowered shares of Nocera to a “strong sell” rating in a research report on Sunday, July 12th. Weiss Ratings upgraded shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently 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.