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

Oriental Land (OTCMKTS:OLCLY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $18.05, but opened at $17.03. Oriental Land shares last traded at $17.4250, with a volume of 16,875 shares trading hands.

Oriental Land Stock Performance

The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average price of $17.94 and a 200 day moving average price of $20.49. The firm has a market cap of $28.75 billion, a PE ratio of 33.72 and a beta of 0.59.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings results on Thursday, January 29th. The company reported $0.20 earnings per share for the quarter. Oriental Land had a net margin of 18.10% and a return on equity of 12.44%. The firm had revenue of $1.39 billion for the quarter. As a group, equities research analysts expect that Oriental Land will post 0.47 earnings per share for the current fiscal 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.