Oriental Land (OTCMKTS:OLCLY) Shares Gap Down – Should You Sell?

Oriental Land (OTCMKTS:OLCLY – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $18.9275, but opened at $18.2995. Oriental Land shares last traded at $18.79, with a volume of 3,349 shares.

Analyst Ratings Changes

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

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Oriental Land Stock Down 2.9%

The company has a quick ratio of 3.15, a current ratio of 3.27 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $16.03 and its 200 day moving average price is $16.25. The firm has a market cap of $30.13 billion, a P/E ratio of 34.03 and a beta of 0.44.

Oriental Land (OTCMKTS:OLCLY – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.11 billion. Oriental Land had a net margin of 18.75% and a return on equity of 12.36%. As a group, research analysts expect that Oriental Land will post 0.46 earnings per share for the current year.

Oriental Land Company Profile

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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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