Oriental Land (OTCMKTS:OLCLY) Shares Gap Up – Still a Buy?

Oriental Land (OTCMKTS:OLCLY – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $16.77, but opened at $17.77. Oriental Land shares last traded at $17.77, with a volume of 15,447 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded Oriental Land to a “hold” rating in a report on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

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Read Our Latest Stock Analysis on OLCLY

Oriental Land Price Performance

The business’s 50 day moving average price is $15.08 and its 200-day moving average price is $16.19. 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 market cap of $30.18 billion, a PE ratio of 36.81 and a beta of 0.47.

Oriental Land (OTCMKTS:OLCLY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter. Oriental Land had a net margin of 17.28% and a return on equity of 11.58%. As a group, analysts forecast that Oriental Land will post 0.46 earnings per share for the current year.

About Oriental Land

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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.

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