(OCC) Optical Cable - Ratings and Ratios

Optical Cable Corporation is a manufacturer and supplier of fiber optic and copper data communications cabling and connectivity solutions, catering to the enterprise market globally, with a strong presence in the United States. The companys product portfolio encompasses a wide range of fiber optic and copper-based solutions, including cables, connectors, enclosures, and other wiring products, designed to facilitate high-bandwidth transmission of data, video, and voice communications.

The companys diverse product offerings are geared towards various applications, including equipment rooms, telecommunications closets, data centers, and workstation environments. Additionally, Optical Cable Corporation provides specialized solutions for military, harsh environment, and other niche applications, leveraging its expertise in fiber optic and copper connectivity.

With a customer base comprising distributors, original equipment manufacturers, value-added resellers, and end-users, Optical Cable Corporation has established itself as a reliable supplier in the communications equipment industry. The companys commitment to delivering high-quality products is reflected in its comprehensive product portfolio and robust distribution network.

Analyzing the , we observe that the stocks current price is 2.81, with a 20-day SMA of 3.05 and a 50-day SMA of 3.02, indicating a potential downtrend. The 200-day SMA stands at 3.15, further reinforcing this notion. The ATR of 0.24 represents an 8.46% volatility, suggesting that the stock is experiencing significant price fluctuations. Given the current trend and volatility, it is likely that the stock will continue to consolidate around the 2.80 level in the short term.

Examining the , we note that Optical Cable Corporation has a market capitalization of 26.89M USD and a negative RoE of -18.81, indicating subpar profitability. The absence of P/E and P/E Forward values further suggests that the company is not generating earnings. Considering these fundamental factors, it is likely that the stock will remain under pressure in the near term.

Based on the analysis of both and , our forecast suggests that the stock will likely trade in a narrow range around 2.80-3.00 in the short term, with a potential downside risk if the companys financial performance does not improve. A break above the 20-day SMA of 3.05 could signal a potential reversal, but this would require a significant improvement in the companys earnings and overall market sentiment.