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Heritage Media (OTCMKTS:OLVI) Hits New 52-Week Low - Should You Sell?

Heritage Media logo with Computer and Technology background

Key Points

  • Heritage Media Corp.'s stock reached a new 52-week low of $0.89, experiencing a significant drop of 19.5% from its previous closing price of $1.11.
  • The company has a market capitalization of $572.04 million and a P/E ratio of -8.90, indicating challenges in profitability.
  • Heritage Media, based in Calgary, Canada, was formerly known as Lignin Industries Inc.
  • Looking to export and analyze Heritage Media data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) hit a new 52-week low on Friday . The company traded as low as $0.89 and last traded at $0.89, with a volume of 24516 shares traded. The stock had previously closed at $1.11.

Heritage Media Price Performance

The firm has a fifty day simple moving average of $1.43 and a 200 day simple moving average of $1.45. The company has a market capitalization of $668.45 million, a price-to-earnings ratio of -10.40 and a beta of -1.85.

About Heritage Media

(Get Free Report)

Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.

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