Oriental Land (OTCMKTS:OLCLY) Trading Up 0.9% - Still a Buy?

Key Points

• Oriental Land's stock rose 0.9% to $24.58, although trading volume decreased by 48% from its average.
• The company reported a net margin of 18.27% and revenue of $1.13 billion, exceeding estimates of $1.10 billion.
• Oriental Land operates famous attractions including Tokyo Disneyland and various themed hotels, contributing to its significant market capitalization of $44.26 billion.

Oriental Land (OTCMKTS:OLCLY - Get Free Report) traded up 0.9% during mid-day trading on Thursday . The stock traded as high as $24.58 and last traded at $24.58. 11,500 shares changed hands during trading, a decline of 48% from the average session volume of 22,238 shares. The stock had previously closed at $24.35.

Oriental Land Stock Performance

The firm's fifty day simple moving average is $23.55 and its 200 day simple moving average is $22.29. The company has a market capitalization of $44.26 billion, a price-to-earnings ratio of 47.27 and a beta of 0.68. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.23 and a quick ratio of 2.11.

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

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