Oriental Land (OTCMKTS:OLCLY) Shares Gap Down – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $18.9275, but opened at $18.2995. Oriental Land shares last traded at $18.79, with a volume of 3,349 shares.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Oriental Land Stock Up 1.8%

The company has a market capitalization of $30.69 billion, a price-to-earnings ratio of 34.67 and a beta of 0.44. The business has a fifty day simple moving average of $16.23 and a two-hundred day simple moving average of $16.26. The company has a quick ratio of 3.15, a current ratio of 3.27 and a debt-to-equity ratio of 0.27.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.16 EPS for the quarter. Oriental Land had a return on equity of 12.36% and a net margin of 18.75%.The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Equities analysts expect that Oriental Land will post 0.46 EPS 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.