Optical Cable Corp. Shares Close the Day 11.4% Lower - Daily Wrap

The company saw its shares close the day 11.4% lower than yesterday, with trading volume higher than its 30 day average.

Dec 23, 2021 by Kwhen Finance Editors

Optical Cable Corp. Shares Close the Day 11.4% Lower - Daily Wrap
Optical Cable Corp. (OCC) shares closed today 11.4% lower than it did at the end of yesterday. The stock is currently up 99.2% year-to-date, up 103.8% over the past 12 months, and up 76.2% over the past five years. Today, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 1.0%.

Trading Activity

  • Shares traded as high as $6.84 and as low as $4.46 this week.
  • Shares closed 30.9% below its 52-week high and 78.5% above its 52-week low.
  • Trading volume this week was 41.0% lower than the 10-day average and 1.2% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Information Technology industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Optical Cable Corp.-11.499.2103.8-21.2103.8
Dow Jones Industrial Average0.718.019.5-2.620.8
S&P 500 Index1.025.527.6-1.928.6
Information Technology1.133.133.7-4.437.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 169.0%
  • The company's stock price performance over the past 12 months beats the peer average by 176.8%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Optical Cable Corp.OCC099.2103.8-21.2103.8
Peer AvgN/A11.036.937.5-22.849.6
TE Connectivity Ltd - Registered SharesTEL11.331.335.8-6.035.7
Amphenol Corp. - Class AAPH33.528.429.8-3.443.2
Corning, Inc.GLW37.83.23.3-21.16.8
Belden IncBDC22.544.947.9-12.151.1
CommScope Holding Company IncCOMM-5.4-19.6-17.0-51.516.2
Clearfield IncCLFD0206.7201.4-0.2221.5
Preformed Line Products Co.PLPC9.8-13.3-8.0-28.23.0
Natural Health Trends Corp.NHTC047.040.6-17.352.0
RF Industries Ltd.RFIL053.454.3-23.759.4
Communications Systems, Inc.JCS0-13.3-13.1-64.87.3

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