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

Oriental Land (OTCMKTS:OLCLYGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $16.14, but opened at $17.4740. Oriental Land shares last traded at $17.2340, with a volume of 19,951 shares changing hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on Oriental Land

Oriental Land Trading Up 3.8%

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 stock has a market cap of $27.77 billion, a PE ratio of 33.88 and a beta of 0.47. The business’s fifty day moving average is $14.35 and its 200 day moving average is $16.32.

Oriental Land (OTCMKTS:OLCLYGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The business had revenue of $1.11 billion for the quarter. As a group, analysts predict that Oriental Land will post 0.46 earnings per share for the current year.

Oriental Land Company Profile

(Get Free Report)

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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