Nocera (NASDAQ:NCRA) Downgraded by Wall Street Zen to “Strong Sell”

Nocera (NASDAQ:NCRA) was downgraded by research analysts at Wall Street Zen to a “strong sell” rating in a report issued on Sunday.

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, the company currently has an average rating of “Sell”.

Nocera Trading Down 3.0%

Shares of NASDAQ NCRA traded down $0.05 on Friday, reaching $1.59. 188,302 shares of the company traded hands, compared to its average volume of 1,106,266. The stock has a market capitalization of $810,900.00, a PE ratio of -7.23 and a beta of 1.89. Nocera has a fifty-two week low of $1.40 and a fifty-two week high of $72.00. The company has a 50 day moving average of $4.78 and a 200 day moving average of $10.77.

Nocera (NASDAQ:NCRA) last released its earnings results on Wednesday, April 15th. The company reported ($1.50) earnings per share (EPS) for the quarter. Nocera had a negative return on equity of 207.32% and a negative net margin of 44.02%.The company had revenue of $3.52 million during the quarter.

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.