Optical Cable Corporation (OCC) Earning Somewhat Positive News Coverage, Study Shows

Press coverage about Optical Cable Corporation (NASDAQ:OCC) has been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Optical Cable Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the communications equipment provider an impact score of 45.9034557984754 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Shares of Optical Cable Corporation (OCC) remained flat at $2.50 during mid-day trading on Friday. 3,675 shares of the stock were exchanged. Optical Cable Corporation has a 52 week low of $2.13 and a 52 week high of $3.80. The stock’s market capitalization is $18.34 million. The firm’s 50-day moving average price is $2.36 and its 200 day moving average price is $2.56.

Optical Cable Corporation (NASDAQ:OCC) last released its earnings results on Tuesday, September 12th. The communications equipment provider reported ($0.05) earnings per share for the quarter. Optical Cable Corporation had a negative return on equity of 1.60% and a negative net margin of 0.61%. The business had revenue of $16.43 million for the quarter.

WARNING: This report was first reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and international copyright and trademark legislation. The correct version of this report can be accessed at https://transcriptdaily.com/2017/10/20/optical-cable-corporation-occ-earning-somewhat-positive-news-coverage-study-shows.html.

Optical Cable Corporation Company Profile

Optical Cable Corporation (OCC) is a manufacturer of a range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market, and various harsh environment and specialty markets. The Company’s product offerings include designs for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments.

Receive News & Ratings for Optical Cable Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Optical Cable Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply