Optical Cable (NASDAQ:OCC) Issues Quarterly Earnings Results

Optical Cable (NASDAQ:OCC) issued its quarterly earnings results on Monday. The communications equipment provider reported $0.05 earnings per share (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 Price Performance

Shares of NASDAQ OCC opened at $3.09 on Wednesday. The stock’s 50-day simple moving average is $2.32 and its 200-day simple moving average is $2.58. The firm has a market capitalization of $25.40 million, a PE ratio of -4.07 and a beta of 0.44. Optical Cable has a fifty-two week low of $2.02 and a fifty-two week high of $7.00. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.42 and a current ratio of 4.18.

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.