Optical Cable - OCC Stock Forecast, Price & News

Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. The company provides fiber optic and hybrid cables for high bandwidth transmission of data, video, and voice communications; and copper datacom cables, including unshielded and shielded twisted pair constructions. Its fiber optic connectivity products include fiber optic wall mounts, cabinet mount and rack mount enclosures, pre-terminated fiber optic enclosures, fiber optic connectors, splice trays, fiber optic jumpers, plug and play cassette modules, pre-terminated fiber optic cable assemblies, adapters, and accessories; and copper connectivity products comprising category compliant patch panels, jacks, plugs, patch cords, faceplates, surface mounted boxes, distribution and multi-media boxes, copper rack mount and wall mount enclosures, cable assemblies, cable organizers, and other wiring products for equipment rooms, telecommunications closets, data centers, and workstation applications. In addition, it offers network, data storage, and telecommunications management systems, such as data cabinets, wall mount enclosures, horizontal and vertical cable management systems, and open frame relay racks for enterprise and residential use; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, the company provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications. It sells its products to distributors, original equipment manufacturers, value-added resellers, and end-users. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia.

Optical Cable Price Performance

Optical Cable stock opened at $3.65 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.59 and a current ratio of 3.80. Optical Cable has a 52-week low of $3.26 and a 52-week high of $6.84. The stock's 50 day moving average price is $3.56 and its two-hundred day moving average price is $4.06. The stock has a market capitalization of $28.82 million, a price-to-earnings ratio of 6.52 and a beta of 0.60.

Optical Cable (NASDAQ:OCC - Get Rating) last issued its earnings results on Monday, June 13th. The communications equipment provider reported ($0.03) earnings per share for the quarter. Optical Cable had a return on equity of 19.37% and a net margin of 6.65%. The firm had revenue of $17.20 million for the quarter.