Oriental Land (OTCMKTS:OLCLY) Shares Gap Down – Here’s Why

Oriental Land (OTCMKTS:OLCLY) gapped down before the market opened on Friday . The stock had previously closed at $16.12, but opened at $14.5908. Oriental Land shares last traded at $14.5908, with a volume of 52,885 shares changing hands.

Oriental Land Trading Down 2.8%

The stock has a market capitalization of $24.59 billion, a price-to-earnings ratio of 28.85 and a beta of 0.61. The company has a fifty day moving average of $17.10 and a two-hundred day moving average of $18.62. The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28.

Oriental Land (OTCMKTS:OLCLY) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.20 EPS for the quarter. Oriental Land had a return on equity of 12.44% and a net margin of 18.10%.The company had revenue of $1.39 billion during the quarter.

Oriental Land Company Profile

Oriental Land Co, Ltd. is a Japan-based leisure and hospitality company best known as the owner and operator of Tokyo Disney Resort under a licensing arrangement with The Walt Disney Company. The company’s core activities center on the planning, development, management and operation of large-scale themed entertainment facilities and associated resort businesses, with an emphasis on delivering guest services, attractions and seasonal programming designed to attract both domestic and international visitors.

Its principal assets include the two theme parks at Tokyo Disney Resort — Tokyo Disneyland and Tokyo DisneySea — along with multiple on-site hotels, an entertainment and retail complex, and resort transportation infrastructure.