Oriental Land (OTCMKTS:OLCLY) Sets New 52-Week Low – Here’s Why

Shares of Oriental Land (OTCMKTS:OLCLY) hit a new 52-week low during trading on Tuesday . The stock traded as low as $16.82 and last traded at $16.82, with a volume of 1465 shares changing hands. The stock had previously closed at $17.95.

Oriental Land Stock Performance

The firm has a market cap of $29.59 billion, a PE ratio of 34.71 and a beta of 0.59. The company has a quick ratio of 3.37, a current ratio of 3.51 and a debt-to-equity ratio of 0.28. The company has a 50-day simple moving average of $17.99 and a two-hundred day simple moving average of $20.56.

Oriental Land (OTCMKTS:OLCLY) last released its 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 during the quarter. As a group, equities research analysts forecast that Oriental Land will post 0.47 earnings per share 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.