Oriental Land (OTCMKTS:OLCLY) Stock Price Down 2.8% - Here's Why

Oriental Land (OTCMKTS:OLCLY - Get Free Report)'s stock price fell 2.8% during trading on Thursday . The company traded as low as $21.99 and last traded at $21.99. 15,260 shares were traded during trading, a decline of 79% from the average session volume of 71,391 shares. The stock had previously closed at $22.63.

Analyst Ratings Changes

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

Oriental Land Trading Down 1.7%

The company has a quick ratio of 2.11, a current ratio of 2.23 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $22.26 and a 200 day simple moving average of $21.62. The firm has a market capitalization of $40.06 billion, a P/E ratio of 44.50 and a beta of 0.65.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last issued its earnings results on Monday, April 28th. The company reported $0.11 earnings per share (EPS) for the quarter. Oriental Land had a return on equity of 12.82% and a net margin of 18.26%. The firm had revenue of $1.14 billion for the quarter, compared to analysts' expectations of $1.22 billion. As a group, research analysts forecast that Oriental Land will post 0.47 EPS for the current 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.