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Heritage Media (OTCMKTS:OLVI) Sees Strong Trading Volume - Still a Buy?

Heritage Media logo with Computer and Technology background

Key Points

  • Heritage Media Corp. (OTCMKTS:OLVI) experienced unusually high trading volume, with approximately 7,452 shares traded on Friday, a 33% decline from the previous session.
  • The stock price has fallen to $0.94 from a previous close of $1.06, indicating a decrease in value.
  • Heritage Media has a market cap of $595.62 million and a P/E ratio of -9.40.
  • Based in Calgary, Canada, Heritage Media was formerly known as Lignin Industries Inc..
  • Five stocks we like better than Heritage Media.

Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 7,452 shares traded hands during trading, a decline of 33% from the previous session's volume of 11,137 shares.The stock last traded at $0.94 and had previously closed at $1.06.

Heritage Media Stock Performance

The firm has a market cap of $666.52 million, a price-to-earnings ratio of -10.37 and a beta of -1.85. The firm has a 50-day moving average price of $1.54 and a two-hundred day moving average price of $1.49.

Heritage Media Company Profile

(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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