Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Optical Cable (OCC) Stock Price

News articles about Optical Cable (NASDAQ:OCC) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Optical Cable earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 48.026441832751 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Optical Cable (NASDAQ OCC) remained flat at $$2.35 on Wednesday. 2,600 shares of the stock traded hands, compared to its average volume of 3,200. The company has a market capitalization of $17.17, a P/E ratio of -8.70 and a beta of 0.30. Optical Cable has a one year low of $2.13 and a one year high of $3.80. 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 (NASDAQ:OCC) last issued its quarterly earnings data on Wednesday, December 20th. The communications equipment provider reported ($0.09) earnings per share for the quarter. Optical Cable had a negative net margin of 2.71% and a negative return on equity of 7.22%. The company had revenue of $17.21 million during the quarter.

ILLEGAL ACTIVITY WARNING: This news story was posted by Transcript Daily and is the property of of Transcript Daily. If you are accessing this news story on another website, it was stolen and republished in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://transcriptdaily.com/2018/01/10/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-optical-cable-occ-stock-price.html.

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.

Insider Buying and Selling by Quarter for Optical Cable (NASDAQ:OCC)

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

Leave a Reply