Oriental Land (OTCMKTS:OLCLY) Trading Down 1.7% - Should You Sell?

Key Points

• Oriental Land's stock fell by 1.7%, closing at $22.95 after trading as low as $22.93, with an increased trading volume of 32,741 shares.
• The company reported a quarterly EPS of $0.12, with revenues of $1.13 billion, surpassing the consensus estimate of $1.10 billion.
• Oriental Land's market capitalization stands at $41.32 billion, and it has a low debt-to-equity ratio of 0.22, demonstrating strong financial stability.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) dropped 1.7% during trading on Thursday . The company traded as low as $22.93 and last traded at $22.95. Approximately 32,741 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 23,692 shares. The stock had previously closed at $23.35.

Oriental Land Stock Down 1.7%

The business has a fifty day moving average of $24.10 and a 200 day moving average of $22.62. The firm has a market cap of $41.32 billion, a P/E ratio of 44.14 and a beta of 0.68. The company has a quick ratio of 2.11, a current ratio of 2.23 and a debt-to-equity ratio of 0.22.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.12 EPS for the quarter. Oriental Land had a return on equity of 13.22% and a net margin of 18.27%.The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. On average, equities research analysts predict 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.

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