Heritage Media (OTCMKTS:OLVI) Shares Gap Down - Here's What Happened

Key Points

• Heritage Media shares gapped down from a previous close of $1.04 to open at $0.98, representing a 3.9% decrease in trading.
• The company has a market capitalization of $642.68 million and a PE ratio of -10.00, indicating financial challenges.
• Heritage Media, formerly known as Lignin Industries Inc, is based in Calgary, Canada.

Heritage Media Corp. (OTCMKTS:OLVI - ) shares gapped down prior to trading on Monday . The stock had previously closed at $1.04, but opened at $0.98. Heritage Media shares last traded at $0.98, with a volume of 1,046 shares changing hands.

Heritage Media Trading Down 3.9%

The stock has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $1.43. The company has a market cap of $642.68 million, a PE ratio of -10.00 and a beta of -1.85.

About Heritage Media

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

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