Nocera, Inc. (NASDAQ:NCRA) Sees Significant Decline in Short Interest

Nocera, Inc. (NASDAQ:NCRA) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 217,901 shares, a decrease of 46.9% from the April 15th total of 410,452 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 290,482 shares, the short-interest ratio is currently 0.8 days.

Nocera Price Performance

NASDAQ NCRA traded down $0.00 on Friday, hitting $0.21. 149,186 shares of the company were exchanged, compared to its average volume of 1,834,861. The firm has a 50 day moving average of $0.24 and a two-hundred day moving average of $0.64. The company has a market cap of $3.52 million, a P/E ratio of -1.37 and a beta of 1.72. The company has a current ratio of 11.93, a quick ratio of 12.05 and a debt-to-equity ratio of 0.01. Nocera has a 1-year low of $0.17 and a 1-year high of $2.40.

Nocera (NASDAQ:NCRA) last issued its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $2.28 million for the quarter. Nocera had a negative return on equity of 128.40% and a negative net margin of 44.02%.

Nocera Company Profile

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.