Optical Cable Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 45 out of 52 in the Communications & Networking industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Optical Cable Corp is 6.85, ranking 34 out of 52 in the Communications & Networking industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 19.83M, representing a year-over-year increase of 1.76%, while its net profit experienced a year-over-year increase of 86.98%.
Key Metrics
The current valuation score of Optical Cable Corp is 7.69, ranking 29 out of 52 in the Communications & Networking industry. Its current P/E ratio is -28.32, which is -188.74% below the recent high of 25.13 and -402.02% above the recent low of -142.15.
No earnings forecast score is currently available for Optical Cable Corp. The Communications & Networking industry's average is 7.77.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Optical Cable Corp is 8.97, ranking 23 out of 52 in the Communications & Networking industry. Currently, the stock price is trading between the resistance level at 6.06 and the support level at 4.11, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Optical Cable Corp is 3.00, ranking 34 out of 52 in the Communications & Networking industry. The latest institutional shareholding proportion is 18.39%, representing a quarter-over-quarter increase of 0.90%. The largest institutional shareholder is The Vanguard, holding a total of 251.08K shares, representing 2.83% of shares outstanding, with 0.53% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Communications & Networking domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Optical Cable Corp is 1.65, ranking 49 out of 52 in the Communications & Networking industry. The company's beta value is 0.62. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
