Oriental Land (OTCMKTS:OLCLY) Shares Gap Up – Here’s Why

Oriental Land (OTCMKTS:OLCLY) shares gapped up prior to trading on Monday. The stock had previously closed at $22.43, but opened at $24.10. Oriental Land shares last traded at $23.95, with a volume of 17,602 shares traded.

Oriental Land Stock Down 0.3%

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 stock has a market capitalization of $38.92 billion, a P/E ratio of 44.79 and a beta of 0.52. The firm has a 50-day simple moving average of $20.08 and a 200 day simple moving average of $17.40.

Oriental Land (OTCMKTS:OLCLY) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.08 earnings per share for the quarter. Oriental Land had a return on equity of 12.13% and a net margin of 18.41%. The company had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1 billion. On average, equities research analysts forecast that Oriental Land will post 0.54 EPS for the current year.

Oriental Land Company Profile

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.