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 company’s stock in a transaction dated 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 directly owned 1,347,050 shares of the company’s stock, valued at $134,705. This represents a 12.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% 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 acquired 117,565 shares of Nocera stock. The shares were acquired at an average cost of $0.10 per share, with a total value 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 value 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 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 value of $1,340.68.
• On Wednesday, June 24th, Financial Lp Hrt sold 80,661 shares of Nocera stock. The stock was sold at an average price of $0.10, for a total transaction of $8,066.10.

Nocera Price Performance

Nocera stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.10. The stock had a trading volume of 1,956,892 shares, compared to its average volume of 25,892,534. Nocera, Inc. has a 12 month low of $0.09 and a 12 month high of $2.40. The stock has a 50-day simple moving average of $0.18 and a two-hundred day simple moving average of $0.40.

Nocera (NASDAQ:NCRA) last issued its earnings results on Thursday, May 14th. The company reported ($0.09) EPS for the quarter. The business 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%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Nocera in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently 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.