Optical Cable Corp. (OCCF, Financial) filed Annual Report for the period ended 2011-10-31.
Optical Cable Corp. has a market cap of $27.8 million; its shares were traded at around $0 with a P/E ratio of 63.7 and P/S ratio of 0.4. The dividend yield of Optical Cable Corp. stocks is 0.9%.
We own our facility near Asheville, North Carolina (in Swannanoa, North Carolina) and the land on which our Asheville facility is located. Our Asheville facility houses administrative offices, our enterprise connectivity manufacturing, our enterprise connectivity product development function and our enterprise connectivity warehouse. Our Asheville facility is situated on approximately 13 acres of land located east of Asheville, North Carolina. The Asheville facility includes two buildings totaling approximately 64,000 square feet.
We lease our facility near Dallas, Texas (in Plano, Texas). Our Dallas facility houses administrative offices, our applied interconnect systems manufacturing and testing operations and warehouse space. Our Dallas facility is located in an industrial complex of suites. The space leased, which was increased during fiscal year 2011, is approximately 34,000 square feet.
On October 16, 2009, the Companys Board of Directors approved a plan to purchase and retire up to 325,848 shares of the Companys common stock, or approximately 5% of the shares then outstanding. As of October 31, 2011, the Company had completed its plan and repurchased and retired a total of 325,848 shares of its outstanding common stock.
The Companys Board of Directors approved a plan effective November 1, 2011, subsequent to the Companys 2011 fiscal year end, to purchase and retire up to 200,000 shares of the Companys common stock, or approximately 3% of the shares then outstanding. The Company anticipates that the purchases will be made over a 12- to 24-month period unless the entire number of shares expected to be purchased under the plan is sooner acquired.
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Optical Cable Corp. has a market cap of $27.8 million; its shares were traded at around $0 with a P/E ratio of 63.7 and P/S ratio of 0.4. The dividend yield of Optical Cable Corp. stocks is 0.9%.
Highlight of Business Operations:
We own our facility located in Roanoke County, Virginia, and the land on which our Roanoke facility is located. Our Roanoke facility houses our corporate headquarters, our fiber optic cable manufacturing, our fiber optic cable product development function and our fiber optic cable warehouse. Our Roanoke facility is situated on approximately 23 acres of land near the Roanoke, Virginia airport and major trucking company facilities. Our Roanoke facility building is approximately 146,000 square feet.We own our facility near Asheville, North Carolina (in Swannanoa, North Carolina) and the land on which our Asheville facility is located. Our Asheville facility houses administrative offices, our enterprise connectivity manufacturing, our enterprise connectivity product development function and our enterprise connectivity warehouse. Our Asheville facility is situated on approximately 13 acres of land located east of Asheville, North Carolina. The Asheville facility includes two buildings totaling approximately 64,000 square feet.
We lease our facility near Dallas, Texas (in Plano, Texas). Our Dallas facility houses administrative offices, our applied interconnect systems manufacturing and testing operations and warehouse space. Our Dallas facility is located in an industrial complex of suites. The space leased, which was increased during fiscal year 2011, is approximately 34,000 square feet.
On October 16, 2009, the Companys Board of Directors approved a plan to purchase and retire up to 325,848 shares of the Companys common stock, or approximately 5% of the shares then outstanding. As of October 31, 2011, the Company had completed its plan and repurchased and retired a total of 325,848 shares of its outstanding common stock.
The Companys Board of Directors approved a plan effective November 1, 2011, subsequent to the Companys 2011 fiscal year end, to purchase and retire up to 200,000 shares of the Companys common stock, or approximately 3% of the shares then outstanding. The Company anticipates that the purchases will be made over a 12- to 24-month period unless the entire number of shares expected to be purchased under the plan is sooner acquired.
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