Nocera (NASDAQ:NCRA) Releases Earnings Results

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

Nocera Price Performance

Shares of NCRA stock traded down $0.02 during mid-day trading on Thursday, hitting $1.81. The stock had a trading volume of 60,982 shares, compared to its average volume of 1,236,946. Nocera has a 12-month low of $1.30 and a 12-month high of $72.00. The firm’s 50-day moving average is $2.91 and its two-hundred day moving average is $7.59. The firm has a market capitalization of $2.80 million, a P/E ratio of -0.27 and a beta of 1.93.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NCRA. Wall Street Zen lowered Nocera to a “strong sell” rating in a research note on Sunday, July 12th. Weiss Ratings raised shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently 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.