Oriental Land (OTCMKTS:OLCLY) Shares Gap Up – Should You Buy?

Oriental Land (OTCMKTS:OLCLY – Get Free Report) 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 trading hands.

Oriental Land Trading Up 7.1%

The firm has a market capitalization of $39.37 billion, a P/E ratio of 45.31 and a beta of 0.52. The company has a quick ratio of 3.62, a current ratio of 3.77 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $19.89 and a 200-day moving average of $17.34.

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

About Oriental Land

(Get Free Report)

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.

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