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 Nocera stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $0.10, for a total value of $19,978.10. Following the sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares 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 purchased at an average price of $0.10 per share, for a total transaction 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 transaction of $9,546.60.
• On Thursday, June 25th, Financial Lp Hrt purchased 137,430 shares of Nocera stock. The shares were purchased at an average cost of $0.09 per share, with a total value 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 value of $1,340.68.
• On Wednesday, June 24th, Financial Lp Hrt sold 80,661 shares of Nocera stock. The shares were sold at an average price of $0.10, for a total transaction of $8,066.10.

Nocera Price Performance

NCRA traded up $0.01 during trading on Wednesday, reaching $0.10. The stock had a trading volume of 1,956,892 shares, compared to its average volume of 25,892,534. The stock’s 50 day moving average is $0.18 and its two-hundred day moving average is $0.40. Nocera, Inc. has a one year low of $0.09 and a one year high of $2.40.

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

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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 MarketBeat.com, Nocera currently 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.