Insider Buying: Nocera (NASDAQ:NCRA) Major Shareholder Buys $11,756.50 in Stock

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt purchased 117,565 shares of the business’s stock in a transaction on Monday, June 29th. The stock was bought at an average cost of $0.10 per share, for a total transaction of $11,756.50. Following the purchase, the insider owned 1,546,831 shares of the company’s stock, valued at approximately $154,683.10. This represents a 8.23% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, June 30th, Financial Lp Hrt sold 199,781 shares of Nocera stock. The shares were sold at an average price of $0.10, for a total transaction of $19,978.10.
• 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 acquired 137,430 shares of Nocera stock. The shares were bought at an average price 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 Stock Performance

Shares of NASDAQ NCRA opened at $0.07 on Friday. The firm has a market cap of $1.01 million, a PE ratio of -0.30 and a beta of 1.89. Nocera, Inc. has a 1-year low of $0.06 and a 1-year high of $2.40. The company has a fifty day moving average price of $0.17 and a 200 day moving average price of $0.39.

Shares of Nocera are going to reverse split on the morning of Tuesday, July 7th. The 1-30 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, July 6th.

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

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Nocera in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

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.