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

Oriental Land (OTCMKTS:OLCLY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $22.97, but opened at $21.80. Oriental Land shares last traded at $21.80, with a volume of 42,262 shares trading hands.

Wall Street Analyst Weigh In

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

Oriental Land Stock Performance

The company has a 50 day moving average of $22.22 and a two-hundred day moving average of $21.60. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.20 and a quick ratio of 2.07. The company has a market capitalization of $40.06 billion, a PE ratio of 44.50 and a beta of 0.65.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The company reported $0.11 earnings per share (EPS) for the quarter. Oriental Land had a net margin of 18.26% and a return on equity of 12.90%. The company had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.22 billion. As a group, equities research analysts predict that Oriental Land will post 0.47 earnings per share for the current year.

About Oriental Land

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.