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

Nocera, Inc. (NASDAQ:NCRA) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 361,062 shares, an increase of 926.9% from the July 15th total of 35,160 shares. Based on an average daily trading volume, of 10,844,457 shares, the days-to-cover ratio is currently 0.0 days. Currently, 17.8% of the company’s shares are short sold.

Nocera Stock Up 0.3%

Shares of NCRA traded up $0.01 during trading hours on Thursday, reaching $2.35. The company’s stock had a trading volume of 65,195 shares, compared to its average volume of 1,290,121. The company has a 50 day moving average of $2.50 and a two-hundred day moving average of $6.84. The firm has a market cap of $5.01 million, a price-to-earnings ratio of -0.35 and a beta of 1.93. Nocera has a 1-year low of $1.30 and a 1-year high of $72.00.

Nocera (NASDAQ:NCRA) last posted its quarterly earnings results 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 company had revenue of $2.14 million for the quarter.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. Wall Street Zen lowered shares of Nocera to a “strong sell” rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Nocera currently has a consensus 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.