Nocera, Inc. (NASDAQ:NCRA – Get Free Report) was the target of a large increase in short interest in 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. Currently, 17.8% of the company’s stock are short sold. Based on an average daily volume of 10,844,457 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analyst Weigh In
A number of research analysts have commented on the stock. Wall Street Zen downgraded shares of Nocera to a “strong sell” rating in a research report on Sunday, July 12th. Weiss Ratings raised shares of Nocera from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Nocera has a consensus rating of “Sell”.
Read Our Latest Research Report on NCRA
Nocera Trading Down 10.4%
Nocera (NASDAQ:NCRA – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.99) earnings per share for the quarter. Nocera had a negative return on equity of 224.17% and a negative net margin of 73.28%.The business had revenue of $2.14 million for 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.
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