Optical Cable (OCC) Set to Announce Quarterly Earnings on Wednesday

Optical Cable (NASDAQ:OCC) will be issuing its quarterly earnings data before the market opens on Wednesday, September 11th.

Optical Cable (NASDAQ:OCC) last posted its earnings results on Monday, June 10th. The communications equipment provider reported ($0.21) earnings per share (EPS) for the quarter. Optical Cable had a negative net margin of 6.43% and a negative return on equity of 17.54%. The company had revenue of $16.11 million during the quarter.

Optical Cable Stock Up 2.9 %

Shares of OCC stock traded up $0.08 during trading hours on Tuesday, reaching $2.84. 2,621 shares of the company’s stock were exchanged, compared to its average volume of 5,085. Optical Cable has a 1 year low of $2.26 and a 1 year high of $3.71. The stock has a market cap of $22.41 million, a PE ratio of -5.16 and a beta of 0.45. The company has a current ratio of 4.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.49. The stock’s fifty day moving average price is $2.74 and its two-hundred day moving average price is $2.82.

About Optical Cable

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.