Oriental Land (OTCMKTS:OLCLY) Stock Price Up 7.5% – Here’s What Happened

Oriental Land (OTCMKTS:OLCLY)’s stock price was up 7.5% during trading on Friday . The stock traded as high as $17.41 and last traded at $17.41. Approximately 1,200 shares were traded during trading, a decline of 99% from the average daily volume of 117,975 shares. The stock had previously closed at $16.19.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Oriental Land to a “hold” rating in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Oriental Land Price Performance

The company has a current ratio of 3.51, a quick ratio of 3.37 and a debt-to-equity ratio of 0.28. The company has a fifty day moving average price of $14.55 and a two-hundred day moving average price of $16.28. The firm has a market cap of $27.48 billion, a P/E ratio of 33.52 and a beta of 0.47.

Oriental Land (OTCMKTS:OLCLY) last posted its earnings results on Tuesday, April 28th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $1.11 billion during the quarter. Oriental Land had a return on equity of 11.58% and a net margin of 17.28%. Equities analysts anticipate that Oriental Land will post 0.46 earnings per share for the current year.

About Oriental Land

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.