November 18, 2016 - By Richard Conner · 0 Comments
Optical Cable Corp (NASDAQ:OCC) institutional sentiment is 1 in 2016 Q2. Its the same as in 2016Q1. The ratio is without change, as only 3 investment professionals increased and started new stock positions, while 3 decreased and sold their stock positions in Optical Cable Corp. The investment professionals in our partner’s database now hold: 887,579 shares, down from 888,829 shares in 2016Q1. Also, the number of investment professionals holding Optical Cable Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 2 New Position: 1.
Optical Cable Corporation is a maker of a range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market, and various harsh environment and specialty markets. The company has a market cap of $23.09 million. The Company’s product offerings include creates for uses ranging from enterprise networks, datacenters, residential and campus installations to customized products for specialty applications and harsh environments. It currently has negative earnings. OCC products include fiber optic and copper cabling, fiber optic and copper connectors, specialty fiber optic and copper connectors, fiber optic and copper patch cords, pre-terminated fiber optic and copper cable assemblies, racks, cabinets, datacom enclosures, patch panels, face plates, multi-media boxes, fiber optic reels and accessories, and other cable and connectivity management accessories.
About 4,980 shares traded hands. Optical Cable Corporation (NASDAQ:OCC) has risen 17.49% since April 18, 2016 and is uptrending. It has outperformed by 13.06% the S&P500.
According to Zacks Investment Research, “Optical Cable Corporation is a leading manufacturer of fiber optic cables primarily sold into the enterprise market, and the premier manufacturer of military ground tactical fiber optic cable for the U.S. military. Optical Cable Corporation pioneered the design and production of fiber optic cables for the most demanding military field applications, as well as fiber optic cables suitable for both indoor and outdoor use. The Company’s current broad product offering is built on the evolution of these fundamental technologies, and is designed to provide end-users with fiber optic cables that are easy and economical to install, provide a high degree of reliability and offer outstanding performance characteristics. Optical Cable Corporation sells its products worldwide for uses ranging from commercial and campus installations to customized products for specialty applications and harsh environments, including military applications.”
More recent Optical Cable Corporation (NASDAQ:OCC) news were published by: Prnewswire.com which released: “Optical Cable Corporation Receives Notice of Allowance for Patent Application …” on March 14, 2016. Also Investorplace.com published the news titled: “4 Electrical Equipment Stocks to Sell Now” on November 18, 2016. Digitaljournal.com‘s news article titled: “Global Active Optical Cable Market 2016: Finisar Corporation, TE Connectivity …” with publication date: October 26, 2016 was also an interesting one.
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By Richard Conner