--- title: "Optical Cable (NASDAQ:OCC) Stock Crosses Above 200-Day Moving Average - Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/293090055.md" description: "Optical Cable (NASDAQ:OCC) shares crossed above their 200-day moving average of $10.35, trading at $14.73 with a high of $15.19. Analyst ratings remain mixed, averaging 'Sell', despite Weiss Ratings reaffirming a 'sell' and Wall Street Zen upgrading to 'buy'. Recent insider activity includes CFO Tracy G. Smith selling shares. Institutional investors like Gendell Jeffrey L and Dimensional Fund Advisors increased their stakes in the fourth quarter." datetime: "2026-07-18T06:40:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293090055.md) - [en](https://longbridge.com/en/news/293090055.md) - [zh-HK](https://longbridge.com/zh-HK/news/293090055.md) --- # Optical Cable (NASDAQ:OCC) Stock Crosses Above 200-Day Moving Average - Here's Why Shares of Optical Cable Corporation (NASDAQ:OCC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.35 and traded as high as $15.19. Optical Cable shares last traded at $14.73, with a volume of 163,065 shares trading hands. Get **Optical Cable** alerts: ## Analyst Ratings Changes - Optical Cable Corporation: Strong Earnings, But Hurdles Remain A number of analysts have recently weighed in on the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Optical Cable in a research report on Tuesday, April 21st. Wall Street Zen upgraded Optical Cable from a "hold" rating to a "buy" rating in a report on Sunday, July 5th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of "Sell". **View Our Latest Research Report on Optical Cable** ## Optical Cable Price Performance The stock has a market capitalization of $130.07 million, a price-to-earnings ratio of 122.76 and a beta of 0.54. The company has a current ratio of 2.08, a quick ratio of 0.74 and a debt-to-equity ratio of 0.17. The company's 50 day moving average is $16.32 and its 200 day moving average is $10.35. Optical Cable (NASDAQ:OCC - Get Free Report) last posted its quarterly earnings data on Monday, June 8th. The communications equipment provider reported $0.12 earnings per share for the quarter. Optical Cable had a return on equity of 5.92% and a net margin of 1.29%.The business had revenue of $22.21 million during the quarter. During the same period in the previous year, the company posted ($0.09) earnings per share. ## Insider Buying and Selling In other news, CFO Tracy G. Smith sold 16,453 shares of the firm's stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $17.23, for a total value of $283,485.19. Following the completion of the sale, the chief financial officer directly owned 329,826 shares of the company's stock, valued at $5,682,901.98. This trade represents a 4.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 22.40% of the stock is currently owned by insiders. ## Institutional Investors Weigh In On Optical Cable Several institutional investors have recently made changes to their positions in the stock. Gendell Jeffrey L lifted its stake in shares of Optical Cable by 47.4% in the fourth quarter. Gendell Jeffrey L now owns 415,340 shares of the communications equipment provider's stock valued at $1,848,000 after purchasing an additional 133,510 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Optical Cable by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 268,932 shares of the communications equipment provider's stock worth $1,197,000 after acquiring an additional 4,497 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Optical Cable by 8.3% during the 1st quarter. Royal Bank of Canada now owns 124,769 shares of the communications equipment provider's stock worth $348,000 after acquiring an additional 9,535 shares in the last quarter. Sei Investments Co. acquired a new stake in shares of Optical Cable in the 1st quarter worth approximately $754,000. Finally, Two Sigma Investments LP purchased a new position in Optical Cable in the 3rd quarter valued at approximately $487,000. 13.61% of the stock is currently owned by hedge funds and other institutional investors. ## About Optical Cable (Get Free Report) Optical Cable Corporation NASDAQ: OCC is a publicly traded designer and manufacturer of optical fiber and copper communications cable solutions. Headquartered in Roanoke, Virginia, the company develops a broad range of standard and custom cable assemblies, connectors, hardware and accessories. Its product portfolio addresses data transmission requirements in demanding environments, including long-haul telecommunications, industrial automation, defense systems and submersible applications. The company's offerings are organized across multiple product lines, encompassing outside-plant fiber optic cable for aerial and underground installations, indoor/outdoor copper connectivity and specialty engineered cable assemblies. ## Read More - Five stocks we like better than Optical Cable - AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector - Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth - TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident - GE Aerospace Faces a Prove-It Moment in Q2 Earnings _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in Optical Cable Right Now? Before you consider Optical Cable, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Optical Cable wasn't on the list. While Optical Cable currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys. 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