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

Oriental Land (OTCMKTS:OLCLY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $20.13, but opened at $21.18. Oriental Land shares last traded at $20.4099, with a volume of 730 shares changing hands.

Wall Street Analyst Weigh In

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

Oriental Land Stock Performance

The company has a market capitalization of $34.10 billion, a PE ratio of 38.52 and a beta of 0.44. The company has a 50 day moving average of $17.98 and a two-hundred day moving average of $16.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.77 and a quick ratio of 3.62.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.16 EPS for the quarter. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%.The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. As a group, equities research analysts predict that Oriental Land will post 0.51 earnings per share for the current year.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japanese entertainment and tourism company best known for operating the Tokyo Disney Resort in Urayasu, Chiba Prefecture. Under a license agreement with The Walt Disney Company, the company manages Tokyo Disneyland and Tokyo DisneySea, offering attractions, live entertainment, dining, merchandise and other guest experiences based on Disney characters and stories.

The company also operates resort-related businesses, including Disney-branded and other hotels, the Disney Resort Line monorail, and commercial and dining facilities such as Ikspiari.