Oriental Land (OTCMKTS:OLCLY) Shares Gap Down – Time to Sell?

Oriental Land (OTCMKTS:OLCLYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $20.14, but opened at $18.61. Oriental Land shares last traded at $19.36, with a volume of 556 shares.

Analyst Ratings Changes

Separately, Zacks Research raised Oriental Land to a “hold” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Report on OLCLY

Oriental Land Stock Up 1.2%

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 company has a market cap of $32.97 billion, a PE ratio of 37.24 and a beta of 0.44. The stock has a 50-day moving average of $18.46 and a 200-day moving average of $16.53.

Oriental Land (OTCMKTS:OLCLYGet Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.16 EPS for the quarter. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%. Sell-side analysts predict that Oriental Land will post 0.51 earnings per share for the current fiscal year.

Oriental Land Company Profile

(Get Free Report)

Oriental Land Co, Ltd. is a Japanese entertainment company best known for operating Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, along with Disney-themed hotels, shopping and dining facilities, and related leisure attractions. Oriental Land operates the resort under a licensing agreement with The Walt Disney Company.

Founded in 1960, Oriental Land initially focused on developing land and tourist facilities in the Maihama area.

Further Reading

Receive News & Ratings for Oriental Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oriental Land and related companies with MarketBeat.com's FREE daily email newsletter.