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

Oriental Land (OTCMKTS:OLCLY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $16.77, but opened at $17.77. Oriental Land shares last traded at $17.77, with a volume of 15,447 shares changing hands.

Analyst Upgrades and Downgrades

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

Oriental Land Price Performance

The stock’s fifty day moving average price is $14.92 and its two-hundred day moving average price is $16.19. The firm has a market capitalization of $29.95 billion, a price-to-earnings ratio of 36.53 and a beta of 0.47. The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28.

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