Shares of Oriental Land (OTCMKTS:OLCLY – Get Free Report) hit a new 52-week high during mid-day trading on Friday. The stock traded as high as $23.15 and last traded at $22.3360, with a volume of 2,898 shares traded. The stock had previously closed at $19.94.
Oriental Land Stock Up 6.5%
The company has a current ratio of 3.77, a quick ratio of 3.62 and a debt-to-equity ratio of 0.27. The company has a 50-day simple moving average of $19.52 and a 200 day simple moving average of $17.21. The company has a market cap of $37.05 billion, a P/E ratio of 41.85 and a beta of 0.51.
Oriental Land (OTCMKTS:OLCLY – Get Free Report) last announced its earnings results on Thursday, October 29th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1 billion. Oriental Land had a net margin of 18.75% and a return on equity of 12.35%. On average, equities analysts anticipate that Oriental Land will post 0.51 EPS for the current year.
About Oriental Land
Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, which Oriental Land operates under a licensing agreement with The Walt Disney Company.
The company’s operations also include Disney-branded hotels, the Disney Resort Line monorail, resort merchandise and retail businesses, restaurants, and other guest services. These businesses are designed to support the company’s integrated resort model and serve visitors from Japan and overseas.
Oriental Land was established in 1960 and has developed the Tokyo Disney Resort into one of Japan’s leading leisure destinations.
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