Oriental Land (OTCMKTS:OLCLY) Trading Up 6.8% – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY)’s share price traded up 6.8% during mid-day trading on Thursday . The stock traded as high as $16.12 and last traded at $16.12. 12,618 shares were traded during trading, a decline of 90% from the average daily volume of 122,960 shares. The stock had previously closed at $15.10.

Wall Street Analysts Forecast Growth

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

Oriental Land Price Performance

The stock has a market cap of $25.82 billion, a PE ratio of 31.50 and a beta of 0.47. The company has a debt-to-equity ratio of 0.28, a current ratio of 3.51 and a quick ratio of 3.37. The business has a fifty day moving average of $14.24 and a 200 day moving average of $16.46.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The company had revenue of $1.11 billion for the quarter. Sell-side analysts anticipate that Oriental Land will post 0.46 earnings per share for the current year.

About Oriental Land

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.