Oriental Land (OTCMKTS:OLCLY) Shares Down 3.6% – Should You Sell?
by Mitch Edgeman · The Markets DailyOriental Land (OTCMKTS:OLCLY – Get Free Report) dropped 3.6% during trading on Wednesday . The stock traded as low as $17.89 and last traded at $17.89. Approximately 4,048 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 62,401 shares. The stock had previously closed at $18.55.
Oriental Land Trading Down 0.3%
The company’s fifty day simple moving average is $20.11 and its 200-day simple moving average is $21.91. The firm has a market capitalization of $33.30 billion, a PE ratio of 35.56 and a beta of 0.59. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.86 and a quick ratio of 2.70.
Oriental Land (OTCMKTS:OLCLY – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.09 earnings per share for the quarter. Oriental Land had a net margin of 18.13% and a return on equity of 12.73%. The firm had revenue of $1.03 billion during the quarter. As a group, sell-side analysts expect that Oriental Land will post 0.47 earnings per share for the current fiscal year.
Oriental Land Company Profile
Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.
Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.