Optical Cable (NASDAQ:OCC) Announces Earnings Results

Optical Cable (NASDAQ:OCC) announced its quarterly earnings data on Monday. The communications equipment provider reported $0.05 EPS for the quarter, Zacks reports. Optical Cable had a negative net margin of 9.07% and a negative return on equity of 25.06%.

Optical Cable Trading Down 6.9 %

NASDAQ OCC opened at $3.09 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 4.18 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $25.40 million, a P/E ratio of -4.07 and a beta of 0.44. Optical Cable has a 52-week low of $2.02 and a 52-week high of $7.00. The firm has a 50-day moving average price of $2.32 and a 200 day moving average price of $2.58.

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.