Nocera (NASDAQ:NCRA) Trading Down 1.4% – Time to Sell?

Nocera, Inc. (NASDAQ:NCRA)’s stock price dropped 1.4% on Monday . The stock traded as low as $0.72 and last traded at $0.8210. Approximately 57,814 shares were traded during trading, a decline of 24% from the average daily volume of 75,654 shares. The stock had previously closed at $0.8330.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Nocera in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Nocera Stock Performance

The company has a market capitalization of $11.80 million, a price-to-earnings ratio of -3.42 and a beta of 1.36. The firm has a fifty day simple moving average of $1.16 and a 200 day simple moving average of $1.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.47 and a quick ratio of 2.47.

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.