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

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 Stock Up 4.4%

The stock has a market capitalization of $32.56 billion, a P/E ratio of 36.78 and a beta of 0.51. The stock’s fifty day moving average is $19.15 and its two-hundred day moving average is $16.74. 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 issued its earnings results on Thursday, July 30th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Oriental Land had a return on equity of 12.35% and a net margin of 18.75%. As a group, research analysts predict that Oriental Land will post 0.51 earnings per share for the current fiscal year.

About Oriental Land

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.