Nocera (NASDAQ:NCRA) Announces Earnings Results

Nocera (NASDAQ:NCRA) issued its quarterly earnings data on Wednesday. The company reported ($0.99) EPS for the quarter, FiscalAI reports. The business had revenue of $2.14 million during the quarter. Nocera had a negative net margin of 44.02% and a negative return on equity of 207.32%.

Nocera Stock Performance

Shares of NASDAQ:NCRA traded down $0.07 during trading on Friday, reaching $1.98. The stock had a trading volume of 125,188 shares, compared to its average volume of 1,230,375. Nocera has a 1-year low of $1.30 and a 1-year high of $72.00. The stock has a market cap of $3.06 million, a PE ratio of -0.30 and a beta of 1.93. The business has a fifty day moving average price of $2.79 and a 200-day moving average price of $7.43.

Wall Street Analysts Forecast Growth

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