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NASDAQ:OCC

Optical Cable (OCC) Stock Price, News & Analysis

Optical Cable logo
$4.86 +0.06 (+1.25%)
As of 01/17/2025 03:58 PM Eastern

About Optical Cable Stock (NASDAQ:OCC)

Key Stats

Today's Range
$4.62
$4.95
50-Day Range
$2.03
$4.95
52-Week Range
$2.02
$7.00
Volume
24,145 shs
Average Volume
2.00 million shs
Market Capitalization
$39.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Optical Cable Corporation, together with its subsidiaries, engages in the manufacture and sale of 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, the company 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; and datacom wiring products, including various enclosures, and modules and modular outlets for single dwelling and multiple dwelling residential uses. Further, it provides specialty fiber optic connectors and connectivity components, copper datacom connectors, and related systems and solutions for military, other harsh environment, and special applications, as well as cylindrical connector products. The company 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 Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
4th Percentile Overall Score

OCC MarketRank™: 

Optical Cable scored higher than 4% of companies evaluated by MarketBeat, and ranked 657th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Optical Cable.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Optical Cable is -9.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Optical Cable is -9.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Optical Cable has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Optical Cable's valuation and earnings.
  • Percentage of Shares Shorted

    5.29% of the float of Optical Cable has been sold short.
  • Short Interest Ratio / Days to Cover

    Optical Cable has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Optical Cable has recently increased by 1,451.91%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Optical Cable does not currently pay a dividend.

  • Dividend Growth

    Optical Cable does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.29% of the float of Optical Cable has been sold short.
  • Short Interest Ratio / Days to Cover

    Optical Cable has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Optical Cable has recently increased by 1,451.91%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Optical Cable has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
  • Search Interest

    6 people have searched for OCC on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Optical Cable insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.00% of the stock of Optical Cable is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 13.61% of the stock of Optical Cable is held by institutions.

  • Read more about Optical Cable's insider trading history.
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OCC Stock News Headlines

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OCC Stock Analysis - Frequently Asked Questions

Optical Cable's stock was trading at $3.61 at the beginning of 2025. Since then, OCC stock has increased by 34.6% and is now trading at $4.86.
View the best growth stocks for 2025 here
.

Optical Cable Co. (NASDAQ:OCC) announced its quarterly earnings results on Monday, December, 23rd. The communications equipment provider reported $0.05 earnings per share (EPS) for the quarter. Optical Cable had a negative trailing twelve-month return on equity of 19.50% and a negative net margin of 6.31%.

Optical Cable subsidiaries include Applied Optical Systems Inc., SMP Data Communications, Applied Optical Systems Inc, and Centric Solutions LLC.

Shares of OCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Optical Cable investors own include Pfizer (PFE), NVIDIA (NVDA), PayPal (PYPL), Curaleaf (CURLF), SNDL (SNDL), Cassava Sciences (SAVA) and Cisco Systems (CSCO).

Company Calendar

Last Earnings
12/23/2024
Today
1/20/2025
Next Earnings (Estimated)
3/11/2025
Fiscal Year End
10/31/2025

Industry, Sector and Symbol

Industry
Nonferrous wiredrawing & insulating
Sub-Industry
Steel Works
Current Symbol
NASDAQ:OCC
Employees
340
Year Founded
1983

Profitability

Net Income
$-4,210,000.00
Pretax Margin
-6.28%

Debt

Sales & Book Value

Annual Sales
$66.67 million
Book Value
$2.54 per share

Miscellaneous

Free Float
6,329,000
Market Cap
$39.95 million
Optionable
Not Optionable
Beta
0.31

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This page (NASDAQ:OCC) was last updated on 1/21/2025 by MarketBeat.com Staff
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