Optical Cable Stock Today
| OCC Stock | USD 5.43 0.26 5.03% |
Performance13 of 100
| Odds Of DistressLess than 17
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Optical Cable is trading at 5.43 as of the 29th of January 2025, a 5.03% increase since the beginning of the trading day. The stock's open price was 5.17. Optical Cable has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 1st of October 2024 and ending today, the 29th of January 2025. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 2nd of April 1996 | Category Technology | Classification Information Technology |
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. The company has 8.22 M outstanding shares of which 200.52 K shares are now shorted by investors with about 1.83 days to cover. More on Optical Cable
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Optical Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman, CEO and Pres | Neil Wilkin | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | OPTICAL CABLE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Communications Equipment, Technology Hardware & Equipment, Information Technology, Stock Exchange Of, NASDAQ Composite, NASDAQ Composite Total, Steel Works Etc, Iron, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsOptical Cable can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Optical Cable's financial leverage. It provides some insight into what part of Optical Cable's total assets is financed by creditors.
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Optical Cable (OCC) is traded on NASDAQ Exchange in USA. It is located in 5290 Concourse Drive, Roanoke, VA, United States, 24019 and employs 327 people. Optical Cable is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 19.52 M. Optical Cable runs under Communications Equipment sector within Information Technology industry. The entity has 8.22 M outstanding shares of which 200.52 K shares are now shorted by investors with about 1.83 days to cover.
Optical Cable has about 192.29 K in cash with (857.02 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership AllocationThe market capitalization of Optical Cable is $19.52 Million. Optical Cable has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Optical Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Hilltop Holdings Inc | 2024-09-30 | 15.3 K | |
| Blackrock Inc | 2024-09-30 | 3.1 K | |
| Tower Research Capital Llc | 2024-09-30 | 2.5 K | |
| Ubs Group Ag | 2024-09-30 | 2 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.6 K | |
| Wells Fargo & Co | 2024-09-30 | 1000 | |
| Bank Of America Corp | 2024-09-30 | 52.0 | |
| Advisor Group Holdings, Inc. | 2024-09-30 | 25.0 | |
| Jpmorgan Chase & Co | 2024-09-30 | 12.0 | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 308.8 K | |
| Vanguard Group Inc | 2024-09-30 | 223.3 K |
Optical Cable Historical Income Statement
Optical Stock Against Markets
Optical Cable Corporate Executives
Elected by the shareholders, the Optical Cable's board of directors comprises two types of representatives: Optical Cable inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Optical. The board's role is to monitor Optical Cable's management team and ensure that shareholders' interests are well served. Optical Cable's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Optical Cable's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tracy CPA | CFO VP | Profile | |
| Tracy Smith | CFO, Sr. VP and Corporate Secretary | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Optical Cable. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Optical Stock refer to our How to Trade Optical Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Optical Cable. If investors know Optical will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Optical Cable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets | Return On Equity |
The market value of Optical Cable is measured differently than its book value, which is the value of Optical that is recorded on the company's balance sheet. Investors also form their own opinion of Optical Cable's value that differs from its market value or its book value, called intrinsic value, which is Optical Cable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Optical Cable's market value can be influenced by many factors that don't directly affect Optical Cable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Optical Cable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optical Cable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optical Cable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.