Oriental Land (OTCMKTS:OLCLY) Stock Jumps 5.2% – Should You Buy?

Shares of Oriental Land (OTCMKTS:OLCLY) traded up 5.2% during mid-day trading on Friday. The stock traded as high as $20.02 and last traded at $20.02. Approximately 373 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 85,541 shares. The stock had previously closed at $19.03.

Oriental Land Stock Performance

The stock’s 50 day moving average is $19.17 and its two-hundred day moving average is $16.77. 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 $32.92 billion, a price-to-earnings ratio of 37.19 and a beta of 0.51.

Oriental Land (OTCMKTS:OLCLY) last released its earnings results on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Oriental Land had a net margin of 18.75% and a return on equity of 12.35%. Analysts expect that Oriental Land will post 0.51 earnings per share for the current fiscal year.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japanese entertainment and hospitality company best known for operating the Tokyo Disney Resort in Urayasu, Chiba, Japan. Under a licensing agreement with The Walt Disney Company, it operates Tokyo Disneyland and Tokyo DisneySea, offering themed attractions, entertainment, dining, and merchandise for visitors from Japan and around the world.

The company also manages resort hotels, including Disney-branded accommodations, as well as other hospitality and leisure facilities.