Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Optical Cable Corp (NASDAQ: OCC) was $4.46 for the day, up 0.45% from the previous closing price of $4.44. In other words, the price has increased by $0.45 from its previous closing price. On the day, 0.13 million shares were traded. OCC stock price reached its highest trading level at $4.74 during the session, while it also had its lowest trading level at $4.32.
Ratios:
Our analysis of OCC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 164.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.65 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.07.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OCC now has a Market Capitalization of 39562180 and an Enterprise Value of 49502068. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 0.678 whereas that against EBITDA is 139.765.
Stock Price History:
The Beta on a monthly basis for OCC is 0.55, which has changed by 0.15025902 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, OCC has reached a high of $11.50, while it has fallen to a 52-week low of $2.40. The 50-Day Moving Average of the stock is -42.24%, while the 200-Day Moving Average is calculated to be -18.49%.
Shares Statistics:
OCC traded an average of 91.21K shares per day over the past three months and 185420 shares per day over the past ten days. A total of 8.23M shares are outstanding, with a floating share count of 5.72M. Insiders hold about 35.54% of the company’s shares, while institutions hold 18.72% stake in the company. Shares short for OCC as of 1764288000 were 20964 with a Short Ratio of 0.06, compared to 1761868800 on 18342. Therefore, it implies a Short% of Shares Outstanding of 20964 and a Short% of Float of 0.3.
