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

Oriental Land (OTCMKTS:OLCLY) gapped up prior to trading on Tuesday . The stock had previously closed at $18.23, but opened at $18.9775. Oriental Land shares last traded at $18.7150, with a volume of 2,699 shares traded.

Oriental Land Stock Performance

The company has a market capitalization of $32.41 billion, a price-to-earnings ratio of 34.62 and a beta of 0.59. The stock has a 50 day simple moving average of $20.50 and a 200 day simple moving average of $22.02. The company has a quick ratio of 2.70, a current ratio of 2.86 and a debt-to-equity ratio of 0.19.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $1.03 billion for the quarter. Oriental Land had a return on equity of 12.73% and a net margin of 18.13%. As a group, analysts anticipate that Oriental Land will post 0.47 earnings per share for the current fiscal year.

About Oriental Land

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.