Optical Cable (OCC) Announces Quarterly Earnings Results
Optical Cable (NASDAQ:OCC) issued its quarterly earnings data on Wednesday. The communications equipment provider reported ($0.09) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Optical Cable had a negative return on equity of 1.60% and a negative net margin of 0.61%.
Shares of Optical Cable (NASDAQ OCC) traded down $0.10 during mid-day trading on Wednesday, hitting $2.40. 8,300 shares of the stock traded hands, compared to its average volume of 11,922. The company has a quick ratio of 1.75, a current ratio of 4.85 and a debt-to-equity ratio of 0.49. Optical Cable has a 52 week low of $2.13 and a 52 week high of $3.80.
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Optical Cable Corporation (OCC) is a manufacturer of a range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market, and various harsh environment and specialty markets. The Company’s product offerings include designs for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments.
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