Optical Cable Corp [NASDAQ: OCC] stock went on an upward path that rose over 28.73% on Tuesday, amounting to a one-week price increase of more than 60.41%.
Over the last 12 months, OCC stock rose by 29.09%.
The market cap for the stock reached $38.35 million, with 8.19 million shares outstanding and 5.72 million shares in the current float. Compared to the average trading volume of 83.80K shares, OCC stock reached a trading volume of 7141699 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Optical Cable Corp [OCC]:
The Price to Book ratio for the last quarter was 2.00, with the Price to Cash per share for the same quarter was set at 0.11. Price to Free Cash Flow for OCC in the course of the last twelve months was 24.43 with Quick ratio for the last quarter at 0.67.
OCC Stock Performance Analysis:
Optical Cable Corp [OCC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 60.41. With this latest performance, OCC shares gained by 71.32% in over the last four-week period, additionally plugging by 7.13% over the last 6 months – not to mention a rise of 29.09% in the past year of trading.
Insight into Optical Cable Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Optical Cable Corp [OCC] shares currently have an operating margin of -2.80% and a Gross Margin at 29.51%. Optical Cable Corp’s Net Margin is presently recorded at -4.33%.
Return on Equity for this stock declined to -7.57%, with Return on Assets sitting at -7.57%.
Optical Cable Corp [OCC] Institutonal Ownership Details
There are presently around $17.66%, or 25.41% of OCC stock, in the hands of institutional investors. The top three institutional holders of OCC stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 0.31 million shares, which is approximately 4.0047%. VANGUARD GROUP INC, holding 0.22 million shares of the stock with an approximate value of $$0.61 million in OCC stocks shares; and VANGUARD GROUP INC, currently with $$0.34 million in OCC stock with ownership which is approximately 1.6039%.
