Oriental Land (OTCMKTS:OLCLY) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Oriental Land (OTCMKTS:OLCLY) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.54 and traded as low as $14.18. Oriental Land shares last traded at $14.22, with a volume of 95,109 shares trading hands.

Wall Street Analyst Weigh In

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

Oriental Land Stock Performance

The business’s fifty day moving average is $14.54 and its two-hundred day moving average is $16.70. The stock has a market capitalization of $23.31 billion, a PE ratio of 28.44 and a beta of 0.49. The company has a quick ratio of 3.37, a current ratio of 3.51 and a debt-to-equity ratio of 0.28.

Oriental Land (OTCMKTS:OLCLY) last announced its earnings results on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The firm had revenue of $1.11 billion during the quarter. As a group, research analysts anticipate that Oriental Land will post 0.46 EPS for the current fiscal year.

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.