Oriental Land (OTCMKTS:OLCLY) Stock Price Down 5.6% – Here’s Why

Oriental Land (OTCMKTS:OLCLY) was down 5.6% on Thursday . The company traded as low as $13.0848 and last traded at $13.31. Approximately 32,941 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 126,561 shares. The stock had previously closed at $14.10.

Oriental Land Price Performance

The firm has a market capitalization of $22.03 billion, a P/E ratio of 26.87 and a beta of 0.48. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The business has a 50 day simple moving average of $15.90 and a two-hundred day simple moving average of $17.56.

Oriental Land (OTCMKTS:OLCLY) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%.The firm had revenue of $1.11 billion during the quarter.

About Oriental Land

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.