Oriental Land (OTCMKTS:OLCLY) Reaches New 12-Month High – Here’s Why

Shares of Oriental Land (OTCMKTS:OLCLY) hit a new 52-week high 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 Performance

The company has a market cap of $38.46 billion, a price-to-earnings ratio of 44.26 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.62 and a current ratio of 3.77. The company has a fifty day moving average of $19.76 and a two-hundred day moving average of $17.29.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.08 earnings per share for the quarter. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1 billion. Oriental Land had a return on equity of 12.13% and a net margin of 18.41%. Equities research analysts anticipate that Oriental Land will post 0.51 EPS for the current 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.