Optical Cable Corporation

Company Profile

Optical Cable Corporation had its IPO on 1996-04-02 under the ticker symbol OCC.

The company operates in the Technology sector and Communication Equipment industry. Optical Cable Corporation has a staff strength of 337 employees.

Stock update

Shares of Optical Cable Corporation opened at $3.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.1 - $3.71, and closed at $3.3.

This is a -11.05% slip from the previous day's closing price.

A total volume of 55,713 shares were traded at the close of the day’s session.

In the last one week, shares of Optical Cable Corporation have slipped by -9.84%.

Optical Cable Corporation's Key Ratios

Optical Cable Corporation has a market cap of $29.18 million, indicating a price to book ratio of 1.4224 and a price to sales ratio of 0.4499.

In the last 12-months Optical Cable Corporation’s revenue was $75.34 million with a gross profit of $20.51 million and an EBITDA of $4.40 million. The EBITDA ratio measures Optical Cable Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Optical Cable Corporation’s operating margin was 4.5% while its return on assets stood at 4.83% with a return of equity of 17.33%.

In Q1.3333333333333, Optical Cable Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 14.1%.

Optical Cable Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

7.2745

PEG

0

Its diluted EPS in the last 12-months stands at $0.51 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Optical Cable Corporation’s profitability.

Optical Cable Corporation stock is trading at a EV to sales ratio of 0.6168 and a EV to EBITDA ratio of 138.5231. Its price to sales ratio in the trailing 12-months stood at 0.4499.

Optical Cable Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$45.98 million

Total Liabilities

$7.66 million

Operating Cash Flow

$0

Capital Expenditure

$125779

Dividend Payout Ratio

0%

Optical Cable Corporation ended 2024 with $45.98 million in total assets and $0 in total liabilities. Its intangible assets were valued at $45.98 million while shareholder equity stood at $25.57 million.

Optical Cable Corporation ended 2024 with $0 in deferred long-term liabilities, $7.66 million in other current liabilities, 14812334.00 in common stock, $10.75 million in retained earnings and $0 in goodwill. Its cash balance stood at $324994.00 and cash and short-term investments were $324994.00. The company’s total short-term debt was $344,451 while long-term debt stood at $12.02 million.

Optical Cable Corporation’s total current assets stands at $36.78 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $11.38 million compared to accounts payable of $5.26 million and inventory worth $23.10 million.

In 2024, Optical Cable Corporation's operating cash flow was $0 while its capital expenditure stood at $125779.

Comparatively, Optical Cable Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.3

52-Week High

$4.85

52-Week Low

$3.1

Analyst Target Price

$

Optical Cable Corporation stock is currently trading at $3.3 per share. It touched a 52-week high of $4.85 and a 52-week low of $4.85. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $3.69 and 200-day moving average was $4.03 The short ratio stood at 1.64 indicating a short percent outstanding of 0%.

Around 3417.8% of the company’s stock are held by insiders while 1306.2% are held by institutions.