Oriental Land (OTCMKTS:OLCLY) Shares Down 1% - Here's What Happened

Oriental Land Co., Ltd. (OTCMKTS:OLCLY - Get Free Report) fell 1% during mid-day trading on Monday . The stock traded as low as $22.35 and last traded at $22.42. 11,224 shares were traded during mid-day trading, a decline of 85% from the average session volume of 76,631 shares. The stock had previously closed at $22.65.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Oriental Land to a "hold" rating in a research report on Tuesday, March 25th.

Oriental Land Trading Down 1.2%

The firm has a market capitalization of $40.15 billion, a price-to-earnings ratio of 47.45 and a beta of 0.64. The company has a current ratio of 2.20, a quick ratio of 2.07 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average price of $21.92 and a two-hundred day moving average price of $21.65.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The company reported $0.11 earnings per share (EPS) for the quarter. The business had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.22 billion. Oriental Land had a return on equity of 12.00% and a net margin of 17.63%. As a group, research analysts forecast that Oriental Land Co., Ltd. will post 0.47 earnings per share for the current fiscal year.

Oriental Land Company Profile

Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel, as well as Tokyo Disney Resort Toy Story Hotel.