Oriental Land (OTCMKTS:OLCLY) Shares Gap Up – Here’s What Happened

Shares of Oriental Land (OTCMKTS:OLCLY) gapped up before the market opened on Thursday. The stock had previously closed at $18.90, but opened at $19.75. Oriental Land shares last traded at $19.8250, with a volume of 3,989 shares trading hands.

Oriental Land Trading Up 4.4%

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 firm’s 50 day moving average is $19.15 and its two-hundred day moving average is $16.74. The stock has a market cap of $32.56 billion, a price-to-earnings ratio of 36.78 and a beta of 0.51.

Oriental Land (OTCMKTS:OLCLY) last issued its earnings results on Thursday, July 30th. The company reported $0.16 earnings per share for the quarter. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Equities analysts anticipate that Oriental Land will post 0.51 EPS for the current year.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japanese entertainment and hospitality company best known for operating the Tokyo Disney Resort in Urayasu, Chiba, Japan. Under a licensing agreement with The Walt Disney Company, it operates Tokyo Disneyland and Tokyo DisneySea, offering themed attractions, entertainment, dining, and merchandise for visitors from Japan and around the world.

The company also manages resort hotels, including Disney-branded accommodations, as well as other hospitality and leisure facilities.