Nocera (NASDAQ:NCRA) Major Shareholder Financial Lp Hrt Acquires 117,565 Shares of Stock

Nocera, Inc. (NASDAQ:NCRA) major shareholder Financial Lp Hrt purchased 117,565 shares of the stock in a transaction on Monday, June 29th. The stock was acquired at an average price of $0.10 per share, with a total value of $11,756.50. Following the acquisition, the insider directly owned 1,546,831 shares in the company, valued at $154,683.10. This trade represents a 8.23% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions 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 stock was 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 bought 137,430 shares of Nocera stock. The stock was bought at an average cost 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 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 stock was sold at an average price of $0.10, for a total transaction of $8,066.10.

Nocera Stock Up 6.5%

NASDAQ:NCRA opened at $0.10 on Thursday. The company has a market cap of $1.54 million, a P/E ratio of -0.46 and a beta of 1.89. Nocera, Inc. has a fifty-two week low of $0.09 and a fifty-two week high of $2.40. The firm’s 50 day moving average is $0.18 and its two-hundred day moving average is $0.40.

Nocera (NASDAQ:NCRA) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) 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 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 data from MarketBeat, the stock 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.