Optical Cable Stock Analysis

Optical Stock Analysis Notes

About 36.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 2.0. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Optical Cable recorded a loss per share of 0.14. The entity last dividend was issued on the 28th of October 2015. The firm had 1:8 split on the 31st of July 2002. Optical Cable Corporation, together with its subsidiaries, manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally. Optical Cable Corporation was incorporated in 1983 and is headquartered in Roanoke, Virginia. Optical Cable operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 322 people. To find out more about Optical Cable contact Neil Wilkin at 540 265 0690 or learn more at https://www.occfiber.com.

Optical Cable Investment Alerts

Optical Largest EPS Surprises

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Optical Cable Environmental, Social, and Governance (ESG) Scores

Optical Stock Institutional Investors

Note, although Optical Cable's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Optical Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 64.4 M.

Optical Profitablity

The company has Net Profit Margin of (0.02) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.03 %, which entails that for every 100 dollars of revenue, it generated $0.03 of operating income.

Management Efficiency

The current year's Return On Tangible Assets is expected to grow to -0.04. The current year's Return On Capital Employed is expected to grow to -0.02. At present, Optical Cable's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 535.5 K, whereas Total Assets are forecasted to decline to about 44.8 M. Optical Cable's management efficiency ratios could be used to measure how well Optical Cable manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 8th of February, Optical Cable holds the Risk Adjusted Performance of (0.05), variance of 46.05, and Coefficient Of Variation of (1,273). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optical Cable, as well as the relationship between them.

Optical Cable Price Movement Analysis

Optical Cable Insider Trading Activities

Optical Cable Outstanding Bonds

Optical Cable Predictive Daily Indicators

Optical Cable Corporate Filings

Optical Cable Forecast Models

Optical Cable's time-series forecasting models are one of many Optical Cable's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Optical Cable's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Optical Cable Bond Ratings

Optical Cable financial ratings play a critical role in determining how much Optical Cable have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Optical Cable's borrowing costs.

Optical Cable Debt to Cash Allocation

Optical Cable has 2.57 M in debt with debt to equity (D/E) ratio of 0.55, which is OK given its current industry classification. Optical Cable has a current ratio of 4.08, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. That said, strategic use of leverage may enable Optical to fund expansion initiatives and generate superior returns.

Optical Cable Total Assets Over Time

Optical Cable Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Optical Cable uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Optical Cable Debt Ratio

5.49

It looks as if most of the Optical Cable's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Optical Cable's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Optical Cable, which in turn will lower the firm's financial flexibility.

Optical Cable Corporate Bonds Issued

Optical Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how Optical Cable prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Optical shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Optical Cable. By using and applying Optical Stock analysis, traders can create a robust methodology for identifying Optical entry and exit points for their positions.

When running Optical Cable's price analysis, check to measure Optical Cable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optical Cable is operating at the current time. Most of Optical Cable's value examination focuses on studying past and present price action to predict the probability of Optical Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optical Cable's price. Additionally, you may evaluate how the addition of Optical Cable to your portfolios can decrease your overall portfolio volatility.