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

Oriental Land (OTCMKTS:OLCLY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $18.23, but opened at $18.9775. Oriental Land shares last traded at $18.7150, with a volume of 2,699 shares trading hands.

Oriental Land Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 2.86 and a quick ratio of 2.70. The company’s 50 day simple moving average is $20.69 and its 200 day simple moving average is $22.08. The company has a market capitalization of $33.09 billion, a PE ratio of 35.35 and a beta of 0.59.

Oriental Land (OTCMKTS:OLCLY) last issued its earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter. Oriental Land had a net margin of 18.13% and a return on equity of 12.73%. The business had revenue of $1.03 billion during the quarter. As a group, sell-side analysts predict that Oriental Land will post 0.47 earnings per share for the current year.

About Oriental Land

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.