OCC, US6838272085

Optical Cable stock falls 9.08 percent to USD 12.91 on October 16

Published on 10/17/2026 at 19:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trailing P/E was 44.41 on October 16, 2026. Optical Cable stock fell to USD 12.91 on October 16, 2026, down 9.08 percent versus the Nasdaq prior close.

Optical Cable falls 9.08 percent

Optical Cable's Nasdaq session ended 9.08 percent lower on October 16, 2026.
The trailing price-to-earnings ratio was 44.41 on October 16, 2026.
Optical Cable stock last stood at USD 12.91 on October 16, 2026 at 4:00 p.m. ET, down 9.08 percent versus the Nasdaq prior close of USD 14.20.
Market capitalization was USD 114.2 million, while the 52-week range was USD 4.02 to USD 27.98.

OCC, US6838272085, Illustration mit AI erstellt.

Optical Cable Corporation (ISIN US6838272085) fell 9.08 percent to USD 12.91 on Nasdaq on October 16, 2026, the last completed session before the report date. The move placed the fiber-optic cable maker at a market capitalization of USD 114.2 million. Its last Nasdaq price was USD 12.91 on October 16, 2026 at 4:00 p.m. ET, down 9.08 percent versus the prior close of USD 14.20.

Valuation stays at 44.41 times earnings

Optical Cable's trailing price-to-earnings ratio stood at 44.41 on October 16, 2026. The stock's 52-week range extended from USD 4.02 to USD 27.98, leaving the latest price USD 15.07 below the high. Trading volume was 124,826 shares, below the average volume of 214,684 shares for the same market snapshot.

The business supplies fiber-optic and copper communication cabling and connectivity products for enterprise, data center, specialty and wireless-carrier markets, according to Optical Cable Corporation. That mix gives the company exposure to network infrastructure spending, while its small market value leaves the stock sensitive to daily volume.

Price position against peers

Optical Cable Corporation: minus 9.08 percent, P/E 44.41, market capitalization USD 114.2 million.
Coherent (Nasdaq, USD): minus 7.06 percent, P/E 56.67, market capitalization USD 45.9 billion.
Fabrinet (NYSE, USD): minus 5.63 percent, P/E 27.86, market capitalization USD 13.0 billion.

Results and the next calendar marker

On September 9, 2026, Optical Cable reported its fiscal third-quarter results, and management discussed fiber shortages and longer raw-material lead times during the earnings call, according to Yahoo Finance. The latest market picture therefore centers on the sharp Nasdaq decline, the 44.41 trailing P/E and the distance from the 52-week high. Earnings Today identifies October as the company's fiscal year-end.

Market context for Optical Cable

For investors, the comparison with Coherent and Fabrinet shows that Optical Cable's daily decline was larger than both peers on October 16, 2026. Its valuation was below Coherent's P/E of 56.67 but above Fabrinet's 27.86, while the market capitalization remained far smaller than either peer.

Stock levels and trading status

The October 16, 2026 Nasdaq price leaves Optical Cable well above its USD 4.02 52-week low and below its USD 27.98 high. The next useful checkpoint is the company's fiscal calendar, with October marking the year-end period identified by Earnings Today. The further course of trading is shown by the continuously updated real-time quote of Optical Cable stock.