Key Points
- Financial Lp Hrt, Nocera’s major shareholder, bought 137,430 shares on June 25 at about $0.09 each, a purchase worth roughly $12,369 and increasing its stake by 8.47%.
- The same shareholder also reported several recent sales of Nocera stock, including 95,466 shares on June 26, 12,188 shares on June 23, and 80,661 shares on June 24.
- Nocera’s stock was trading near its 52-week low at $0.11, and the company continues to face weak fundamentals, including a recent quarterly loss of $0.09 per share and a current analyst consensus of Sell.
Nocera, Inc. (NASDAQ:NCRA - Get Free Report) major shareholder Financial Lp Hrt acquired 137,430 shares of the business's stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average price of $0.09 per share, for a total transaction of $12,368.70. Following the completion of the transaction, the insider owned 1,759,862 shares in the company, valued at $158,387.58. The trade was a 8.47% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 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 transaction of $9,546.60.
- 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 Stock Performance
NCRA opened at $0.11 on Tuesday. The stock has a market cap of $1.62 million, a PE ratio of -0.48 and a beta of 1.72. The company has a current ratio of 8.00, a quick ratio of 8.00 and a debt-to-equity ratio of 0.01. Nocera, Inc. has a twelve month low of $0.09 and a twelve month high of $2.40. The business's 50 day moving average is $0.18 and its 200-day moving average is $0.42.
Nocera (NASDAQ:NCRA - Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $2.28 million for the quarter. Nocera had a negative net margin of 44.02% and a negative return on equity of 207.32%.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Nocera in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Nocera currently has an average rating of "Sell".
Check Out Our Latest Stock Analysis on NCRA
About Nocera
(
Get Free Report)
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.
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