Somewhat Positive News Coverage Somewhat Unlikely to Impact Optical Cable (OCC) Stock Price

Headlines about Optical Cable (NASDAQ:OCC) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Optical Cable earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the communications equipment provider an impact score of 47.923091318441 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Optical Cable (OCC) traded down $0.14 during trading hours on Friday, reaching $2.36. The company’s stock had a trading volume of 100 shares, compared to its average volume of 733. The stock has a market capitalization of $18.26, a PE ratio of -8.74 and a beta of 0.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 6.47 and a quick ratio of 2.46. Optical Cable has a fifty-two week low of $2.13 and a fifty-two week high of $3.80.

Optical Cable (NASDAQ:OCC) last announced its earnings results on Wednesday, December 20th. The communications equipment provider reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $17.21 million during the quarter. Optical Cable had a negative return on equity of 7.22% and a negative net margin of 2.71%.

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About Optical Cable

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.

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