Oriental Land (OTCMKTS:OLCLY) Stock Jumps 5.2% – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY)’s stock price shot up 5.2% during trading on Thursday. The stock traded as high as $18.88 and last traded at $18.85. 5,809 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 87,601 shares. The stock had previously closed at $17.91.

Oriental Land Price Performance

The firm has a market capitalization of $31.02 billion, a P/E ratio of 35.03 and a beta of 0.51. The company has a quick ratio of 3.62, a current ratio of 3.77 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $19.18 and its 200-day moving average is $16.68.

Oriental Land (OTCMKTS:OLCLY) last posted its earnings results on Thursday, July 30th. The company reported $0.16 EPS for the quarter. The firm 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%. As a group, sell-side analysts predict that Oriental Land will post 0.51 EPS for the current fiscal year.

About Oriental Land

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.