Nocera (NASDAQ:NCRA) Shares Up 2.7%

Nocera, Inc. (NASDAQ:NCRA)’s stock price was up 2.7% during mid-day trading on Friday . The company traded as high as $1.15 and last traded at $1.13. Approximately 6,718 shares traded hands during trading, an increase of 8% from the average daily volume of 6,241 shares. The stock had previously closed at $1.10.

Nocera Stock Performance

The firm’s fifty day moving average is $1.14 and its 200-day moving average is $1.21. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $15.32 million, a PE ratio of -2.97 and a beta of 1.36.

Nocera (NASDAQ:NCRA) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.04) earnings per share for the quarter. Nocera had a negative net margin of 15.16% and a negative return on equity of 78.71%. The company had revenue of $4.90 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nocera stock. Sabby Management LLC bought a new position in shares of Nocera, Inc. (NASDAQ:NCRA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 28,528 shares of the company’s stock, valued at approximately $44,000. Sabby Management LLC owned approximately 0.28% of Nocera at the end of the most recent quarter. 1.26% of the stock is owned by institutional investors.

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.