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Heritage Media (OTCMKTS:OLVI) Reaches New 12-Month Low - Time to Sell?

Heritage Media logo with Computer and Technology background

Key Points

  • Heritage Media Corp. (OTCMKTS:OLVI) reached a new 52-week low, trading at $0.75 during the day, down from a previous close of $1.00.
  • The stock has seen a decline of 16.9% and currently has a market cap of $534.12 million with a PE ratio of -8.31.
  • Heritage Media, originally known as Lignin Industries Inc., is based in Calgary, Canada.
  • MarketBeat previews top five stocks to own in October.

Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $0.75 and last traded at $0.82, with a volume of 5960 shares trading hands. The stock had previously closed at $1.00.

Heritage Media Stock Performance

The company has a market capitalization of $533.53 million, a price-to-earnings ratio of -8.30 and a beta of -1.85. The firm has a fifty day moving average price of $1.24 and a 200-day moving average price of $1.39.

About Heritage Media

(Get Free Report)

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

Further Reading

Should You Invest $1,000 in Heritage Media Right Now?

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