Optical Cable Co. (NASDAQ:OCC – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.81 and traded as high as $2.84. Optical Cable shares last traded at $2.81, with a volume of 1,299 shares traded.
Wall Street Analyst Weigh In
Separately, TheStreet lowered Optical Cable from a “c” rating to a “d+” rating in a research note on Thursday, March 14th.
Get Our Latest Stock Analysis on OCC
Optical Cable Trading Up 2.4 %
Optical Cable (NASDAQ:OCC – Get Free Report) last released its quarterly earnings data on Monday, June 10th. The communications equipment provider reported ($0.21) EPS for the quarter. The business had revenue of $16.11 million during the quarter. Optical Cable had a negative net margin of 6.43% and a negative return on equity of 17.54%.
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.
Featured Stories
- Five stocks we like better than Optical Cable
- Most Volatile Stocks, What Investors Need to Know
- BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
- 3 Warren Buffett Stocks to Buy Now
- Progress Software Stock Back in the Green After Beating Forecasts
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Goldman Sachs Raises Stock Target for Affirm: Key Insights
Receive News & Ratings for Optical Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Optical Cable and related companies with MarketBeat.com's FREE daily email newsletter.