Oriental Land (OTCMKTS:OLCLY) Shares Gap Up – Still a Buy?

Oriental Land (OTCMKTS:OLCLY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $17.5368, but opened at $18.72. Oriental Land shares last traded at $18.72, with a volume of 1,609 shares.

Oriental Land Stock Up 2.5%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The firm has a market capitalization of $30.45 billion, a PE ratio of 35.72 and a beta of 0.59. The company has a fifty day moving average price of $17.94 and a 200-day moving average price of $20.39.

Oriental Land (OTCMKTS:OLCLY) last posted its earnings results on Thursday, January 29th. The company reported $0.20 earnings per share for the quarter. Oriental Land had a net margin of 18.10% and a return on equity of 12.44%. The firm had revenue of $1.39 billion during the quarter. As a group, analysts expect that Oriental Land will post 0.47 earnings per share for the current year.

About Oriental Land

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.