Oriental Land (OTCMKTS:OLCLY) Shares Down 1% – Here’s Why

Oriental Land Co., Ltd. (OTCMKTS:OLCLY) shares traded down 1% on Monday . The company traded as low as $22.35 and last traded at $22.42. 11,224 shares were traded during mid-day trading, a decline of 85% from the average session volume of 76,631 shares. The stock had previously closed at $22.65.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Oriental Land to a “hold” rating in a report on Tuesday, March 25th.

Oriental Land Stock Performance

The company has a market cap of $40.37 billion, a price-to-earnings ratio of 47.70 and a beta of 0.64. The stock’s fifty day simple moving average is $21.79 and its two-hundred day simple moving average is $21.64. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.07 and a current ratio of 2.20.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings results on Monday, April 28th. The company reported $0.11 earnings per share for the quarter. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.22 billion. Oriental Land had a net margin of 17.63% and a return on equity of 12.00%. Equities research analysts anticipate that Oriental Land Co., Ltd. will post 0.47 EPS for the current year.

About Oriental Land

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.