Optical Cable Corp (NASDAQ:OCC) does about 7.94K shares in volume on a normal day but saw 36847956 shares change hands in the recent trading day. The company now has a market cap of 27.42M USD. Its current market price is $3.32, marking an increase of 58.10% compared to the previous close of $2.10. The 52 week high reached by this stock is $3.53 whilst the lowest price level in 52 weeks is $2.02.
Optical Cable Corp (OCC) has a 20-day trading average at $2.21 and the current price is -5.91% off the 52-week high compared with 64.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.33 and its 200-day simple moving average is $2.68. If we look at the stock’s price movements over the week, volatility stands at 39.24%, which decreases to 13.77% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 81.21 to suggest the stock is overbought.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.
The current price level is 50.52%, 42.50%, and 24.05% away from its SMA20, SMA50, and SMA200 respectively, with the OCC price moving below the 50-day SMA on current market day. Optical Cable Corp (OCC) stock is up 61.17% over the week and 38.33% over the past month. Its price is 22.96% year-to-date and 25.28% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 7.89M with insiders holding 34.64% of the shares and institutional holders owning 16.46% of the company’s common stock. The company has a return on investment of -19.26% and return on equity of -25.33%. The beta has a value of 0.45. Price to book ratio is 1.29 and price to sales ratio is 0.42.
