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Heritage Media (OTCMKTS:OLVI) Shares Gap Up - Time to Buy?

Heritage Media logo with Computer and Technology background

Key Points

  • Heritage Media Corp. (OTCMKTS:OLVI) saw its stock price jump from $0.93 to $0.98 prior to trading on Tuesday, with a trading volume of 300 shares.
  • The company has a market capitalization of $643.16 million and a price-to-earnings ratio of -10.00, indicating potential challenges in profitability.
  • Heritage Media was formerly known as Lignin Industries Inc. and is based in Calgary, Canada.
  • Five stocks to consider instead of Heritage Media.

Shares of Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $0.93, but opened at $0.98. Heritage Media shares last traded at $0.98, with a volume of 300 shares.

Heritage Media Trading Down 6.7%

The company has a 50-day simple moving average of $1.00 and a 200 day simple moving average of $1.35. The company has a market cap of $450.21 million, a P/E ratio of -7.00 and a beta of -1.69.

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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