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Heritage Media (OTCMKTS:OLVI) Stock Price Down 7.6% - Time to Sell?

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Key Points

  • Heritage Media Corp. (OTCMKTS:OLVI) shares decreased by 7.6% on Wednesday, trading at a low of $0.92 after previously closing at $0.99.
  • The stock experienced a significant decline in trading volume, with only 1,000 shares exchanged, representing a 91% drop from its average session volume of 10,739 shares.
  • Heritage Media has a market capitalization of $450.21 million and reports a price-to-earnings ratio of -7.00, indicating potential underlying financial challenges.
  • Five stocks to consider instead of Heritage Media.

Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) shares fell 7.6% on Wednesday . The stock traded as low as $0.92 and last traded at $0.92. 1,000 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 10,739 shares. The stock had previously closed at $0.99.

Heritage Media Trading Down 7.9%

The company has a fifty day moving average of $1.00 and a two-hundred day moving average of $1.35. The stock has a market capitalization of $414.84 million, a price-to-earnings ratio of -6.45 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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