Oriental Land (OTCMKTS:OLCLY) Trading Down 4.5% – Should You Sell?

Oriental Land (OTCMKTS:OLCLY)’s share price traded down 4.5% during trading on Monday . The company traded as low as $19.01 and last traded at $19.01. Approximately 1,810 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 92,177 shares. The stock had previously closed at $19.90.

Analyst Ratings Changes

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

Oriental Land Trading Up 3.9%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 3.62 and a current ratio of 3.77. The stock has a market cap of $33.07 billion, a P/E ratio of 37.35 and a beta of 0.44. The company has a 50-day simple moving average of $18.82 and a 200-day simple moving average of $16.60.

Oriental Land (OTCMKTS:OLCLY) last announced 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 company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. On average, sell-side analysts forecast that Oriental Land will post 0.51 EPS for the current fiscal year.

About Oriental Land

Oriental Land Co, Ltd. is a Japanese entertainment company best known for operating Tokyo Disney Resort in Urayasu, Chiba Prefecture. The resort includes Tokyo Disneyland and Tokyo DisneySea, along with Disney-themed hotels, shopping and dining facilities, and related leisure attractions. Oriental Land operates the resort under a licensing agreement with The Walt Disney Company.

Founded in 1960, Oriental Land initially focused on developing land and tourist facilities in the Maihama area.