Financial Snapshot: Analyzing Optical Cable Corp (OCC)’s Key Ratio Metrics

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The closing price of Optical Cable Corp (NASDAQ: OCC) was $5.23 for the day, up 12.23% from the previous closing price of $4.66. In other words, the price has increased by $12.23 from its previous closing price. On the day, 0.97 million shares were traded. OCC stock price reached its highest trading level at $5.49 during the session, while it also had its lowest trading level at $4.54.

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 48.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.21.

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 43033696 and an Enterprise Value of 34144368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 0.495 whereas that against EBITDA is -31.083.

Stock Price History:

The Beta on a monthly basis for OCC is 0.25, which has changed by 0.9661654 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, OCC has reached a high of $7.00, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 72.53%, while the 200-Day Moving Average is calculated to be 64.03%.

Shares Statistics:

OCC traded an average of 200.23K shares per day over the past three months and 1217190 shares per day over the past ten days. A total of 8.19M shares are outstanding, with a floating share count of 5.72M. Insiders hold about 30.54% of the company’s shares, while institutions hold 16.14% stake in the company. Shares short for OCC as of 1749772800 were 6113 with a Short Ratio of 0.03, compared to 1747267200 on 24743. Therefore, it implies a Short% of Shares Outstanding of 6113 and a Short% of Float of 0.1.