Nocera (NASDAQ:NCRA) Shares Set to Reverse Split on Tuesday, July 7th

Nocera, Inc. (NASDAQ:NCRA) shares are set to reverse split on 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 Price Performance

NCRA remained flat at $0.07 during trading on Friday. The company had a trading volume of 9,494,981 shares, compared to its average volume of 26,380,170. The business’s 50 day moving average is $0.17 and its 200 day moving average is $0.39. Nocera has a 12 month low of $0.06 and a 12 month high of $2.40.

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

Analyst Upgrades and Downgrades

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