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Heritage Media (OTCMKTS:OLVI) Hits New 52-Week Low - Here's Why

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.
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Shares of Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) 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 traded. The stock had previously closed at $1.00.

Heritage Media Stock Down 16.9%

The firm has a market cap of $534.12 million, a PE ratio of -8.31 and a beta of -1.85. The stock has a 50-day simple moving average of $1.33 and a two-hundred day simple moving average of $1.42.

About Heritage Media

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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