Oriental Land (OTCMKTS:OLCLY) Shares Gap Down - Should You Sell?

Key Points

• Oriental Land shares opened lower at $23.61, down from the previous close of $24.31, with a current trading price of $23.62.
• The company reported a net margin of 18.27% and earnings per share of $0.12 for the last quarter, exceeding revenue expectations with $1.13 billion.
• Oriental Land has a market cap of $42.62 billion and operates popular theme parks and hotels including Tokyo Disneyland and Tokyo DisneySea.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $24.31, but opened at $23.61. Oriental Land shares last traded at $23.62, with a volume of 1,232 shares.

Oriental Land Stock Down 2.6%

The firm has a 50 day simple moving average of $23.28 and a two-hundred day simple moving average of $22.19. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.11 and a current ratio of 2.23. The stock has a market cap of $42.62 billion, a P/E ratio of 45.52 and a beta of 0.64.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.10 billion. Oriental Land had a return on equity of 13.22% and a net margin of 18.27%. Equities research analysts predict that Oriental Land will post 0.47 earnings per share 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.

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