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

Shares of Oriental Land (OTCMKTS:OLCLY) gapped up before the market opened on Friday . The stock had previously closed at $13.54, but opened at $13.9770. Oriental Land shares last traded at $13.5220, with a volume of 25,039 shares traded.

Oriental Land Stock Performance

The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 26.96 and a beta of 0.48. The company has a 50 day moving average price of $16.22 and a 200 day moving average price of $17.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $1.11 billion for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.

Oriental Land Company Profile

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.