Oriental Land (OTCMKTS:OLCLY) Hits New 12-Month High – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY) shares hit a new 52-week high during trading on Thursday. The company traded as high as $23.81 and last traded at $23.81, with a volume of 227 shares changing hands. The stock had previously closed at $21.91.

Oriental Land Stock Up 5.1%

The stock’s 50-day moving average price is $19.76 and its two-hundred day moving average price is $17.29. The company has a current ratio of 3.77, a quick ratio of 3.62 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $38.46 billion, a P/E ratio of 44.26 and a beta of 0.52.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1 billion. Oriental Land had a return on equity of 12.13% and a net margin of 18.41%. As a group, research analysts expect that Oriental Land will post 0.51 earnings per share for the current fiscal year.

About Oriental Land

Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.

The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.

Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.