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

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

Analysts Set New Price Targets

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

Oriental Land Trading Up 4.3%

The firm has a market capitalization 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 quick ratio of 3.37 and a current ratio of 3.51. The firm has a fifty day moving average of $14.24 and a 200 day moving average of $16.46.

Oriental Land (OTCMKTS:OLCLY) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. The firm had revenue of $1.11 billion for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%. 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.