Nocera (NASDAQ:NCRA) Major Shareholder Financial Lp Hrt Sells 199,781 Shares

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt sold 199,781 shares of the business’s stock in a transaction that occurred on 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 owned 1,347,050 shares of the company’s stock, valued at approximately $134,705. This represents a 12.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, June 29th, Financial Lp Hrt bought 117,565 shares of Nocera stock. The stock was purchased 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 stock was sold at an average price of $0.10, for a total transaction 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, with a total value of $12,368.70.
• On Tuesday, June 23rd, Financial Lp Hrt sold 12,188 shares of Nocera stock. The shares were 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 Trading Up 6.5%

Shares of Nocera stock opened at $0.10 on Thursday. The company has a market capitalization of $1.54 million, a PE ratio of -0.46 and a beta of 1.89. Nocera, Inc. has a 12 month low of $0.09 and a 12 month high of $2.40. The stock’s fifty day simple moving average is $0.18 and its 200 day simple moving average is $0.40.

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

Wall Street Analyst Weigh In

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, According to data from MarketBeat.com, Nocera presently has an average 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.