Nocera, Inc. (NASDAQ:NCRA) Sees Significant Decline in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 217,901 shares, a decline of 46.9% from the April 15th total of 410,452 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 290,482 shares, the days-to-cover ratio is presently 0.8 days.

Nocera Trading Down 1.2%

NASDAQ:NCRA traded down $0.00 on Friday, hitting $0.21. 149,186 shares of the stock were exchanged, compared to its average volume of 1,834,861. The stock has a market capitalization of $3.52 million, a price-to-earnings ratio of -1.37 and a beta of 1.72. Nocera has a 52 week low of $0.17 and a 52 week high of $2.40. The company has a debt-to-equity ratio of 0.01, a quick ratio of 12.05 and a current ratio of 11.93. The company’s 50-day moving average price is $0.24 and its 200 day moving average price is $0.64.

Nocera (NASDAQ:NCRA) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.28 million for the quarter. Nocera had a negative return on equity of 128.40% and a negative net margin of 44.02%.

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.