Oriental Land (OTCMKTS:OLCLY) Hits New 1-Year High – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY) shares reached a new 52-week high on Thursday. The company traded as high as $23.81 and last traded at $23.81, with a volume of 227 shares changing hands. The stock had previously closed at $21.91.

Oriental Land Trading Down 3.4%

The company has a debt-to-equity ratio of 0.27, a current ratio of 3.77 and a quick ratio of 3.62. The firm’s fifty day moving average is $19.89 and its two-hundred day moving average is $17.34. The firm has a market capitalization of $36.77 billion, a PE ratio of 42.32 and a beta of 0.52.

Oriental Land (OTCMKTS:OLCLY) last posted its earnings results on Thursday, October 29th. The company reported $0.08 EPS for the quarter. Oriental Land had a net margin of 18.41% and a return on equity of 12.13%. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1 billion. On average, equities analysts predict that Oriental Land will post 0.51 EPS for the current fiscal year.

About Oriental Land

Oriental Land Co, Ltd. is a Japanese leisure and hospitality company best known for operating Tokyo Disney Resort in Urayasu, near Tokyo. The resort includes Tokyo Disneyland and Tokyo DisneySea, which the company operates under agreements with The Walt Disney Company.

Oriental Land also operates resort hotels, the Disney Resort Line monorail, and Ikspiari, a shopping and dining complex. Its business centers on providing theme park, lodging, transportation, retail and food services to visitors.

Founded in 1960, the company developed the resort area before opening Tokyo Disneyland in 1983 and Tokyo DisneySea in 2001.