Nocera, Inc. (NASDAQ:NCRA) Short Interest Update

Nocera, Inc. (NASDAQ:NCRA) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 197,076 shares, a decrease of 45.4% from the July 30th total of 361,062 shares. Based on an average daily volume of 1,479,355 shares, the days-to-cover ratio is currently 0.1 days. Currently, 9.7% of the shares of the company are short sold.

Nocera Stock Performance

NCRA traded up $0.89 during trading on Monday, hitting $2.78. The stock had a trading volume of 61,855,277 shares, compared to its average volume of 1,580,369. The firm has a market capitalization of $5.94 million, a P/E ratio of -0.42 and a beta of 1.93. The company’s 50-day moving average price is $2.04 and its 200 day moving average price is $5.60. Nocera has a twelve month low of $1.30 and a twelve month high of $72.00.

Nocera (NASDAQ:NCRA) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.99) EPS for the quarter. Nocera had a negative return on equity of 224.17% and a negative net margin of 73.28%.The firm had revenue of $2.14 million for the quarter.

Analysts Set New Price Targets

Several research analysts have issued reports on NCRA shares. Wall Street Zen downgraded shares of Nocera to a “strong sell” rating in a research report on Sunday, July 12th. Weiss Ratings downgraded shares of Nocera from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating, According to 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.