Optical Cable Stock Drops Below 200-Day Average

Shares of the communications equipment provider fall as it reports quarterly loss

Mar. 12, 2026 at 2:18am

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Optical Cable Corporation (NASDAQ:OCC), a designer and manufacturer of optical fiber and copper communications cable solutions, saw its stock price drop below its 200-day moving average during trading on Monday. The stock traded as low as $5.65, well below its 200-day average of $6.83, after the company reported a quarterly loss.

Why it matters

Optical Cable's stock price dropping below the 200-day moving average is often seen as a bearish technical indicator, suggesting the stock may be in a downward trend. This could signal potential challenges for the company, which provides critical communications infrastructure equipment.

The details

Optical Cable reported a loss of $0.05 per share for the most recent quarter, missing analyst expectations. The company's revenue for the quarter was $16.43 million. Institutional investors have been making changes to their positions in the stock, with some firms like Dynamic Technology Lab and Shikiar Asset Management increasing their stakes.

  • Optical Cable's stock price dropped below its 200-day moving average of $6.83 during trading on Monday, March 11, 2026.
  • The company reported its quarterly earnings on Tuesday, March 10, 2026.

The players

Optical Cable Corporation

A publicly traded designer and manufacturer of optical fiber and copper communications cable solutions, headquartered in Roanoke, Virginia.

Weiss Ratings

A research firm that reaffirmed a 'sell (d-)' rating on Optical Cable's shares.

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