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

Oriental Land (OTCMKTS:OLCLY)’s share price gapped up before the market opened on Monday. The stock had previously closed at $22.43, but opened at $24.10. Oriental Land shares last traded at $23.95, with a volume of 17,602 shares traded.

Oriental Land Price Performance

The company’s 50-day moving average is $19.89 and its 200-day moving average is $17.34. The firm has a market cap of $39.37 billion, a price-to-earnings ratio of 45.31 and a beta of 0.52. The company has a current ratio of 3.77, a quick ratio of 3.62 and a debt-to-equity ratio of 0.27.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.08 EPS for the quarter. Oriental Land had a net margin of 18.41% and a return on equity of 12.13%. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1 billion. 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 leisure and hospitality company best known for operating Tokyo Disney Resort in Urayasu, near Tokyo. The resort includes Tokyo Disneyland and Tokyo DisneySea, which the company operates under agreements with The Walt Disney Company.

Oriental Land also operates resort hotels, the Disney Resort Line monorail, and Ikspiari, a shopping and dining complex. Its business centers on providing theme park, lodging, transportation, retail and food services to visitors.

Founded in 1960, the company developed the resort area before opening Tokyo Disneyland in 1983 and Tokyo DisneySea in 2001.