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

Oriental Land (OTCMKTS:OLCLY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $13.83, but opened at $13.3810. Oriental Land shares last traded at $13.72, with a volume of 19,734 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Oriental Land to a “hold” rating in a research report on Thursday, June 4th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Oriental Land Trading Up 3.1%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.37 and a current ratio of 3.51. The firm has a market cap of $23.20 billion, a PE ratio of 28.30 and a beta of 0.49. The stock has a 50-day simple moving average of $14.87 and a two-hundred day simple moving average of $16.92.

Oriental Land (OTCMKTS:OLCLY) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.09 EPS for the quarter. Oriental Land had a net margin of 17.28% and a return on equity of 11.58%. The firm had revenue of $1.11 billion during the quarter. As a group, sell-side analysts anticipate that Oriental Land will post 0.46 EPS 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.