Heritage Media (OTCMKTS:OLVI) Stock Price Down 9.2% - Should You Sell?

Key Points

• Heritage Media Corp. saw its share price decline by 9.2% during Thursday's trading, closing at $0.83 from a previous close of $0.91.
• Trading volume plummeted by 95% with only 594 shares changing hands, compared to an average daily volume of 10,972 shares.
• The company's current market capitalization stands at $527.04 million, with a PE ratio of -8.20 and a beta of -1.85.

Heritage Media Corp. (OTCMKTS:OLVI - )'s share price dropped 9.2% during trading on Thursday . The stock traded as low as $0.76 and last traded at $0.83. Approximately 594 shares were traded during trading, a decline of 95% from the average daily volume of 10,972 shares. The stock had previously closed at $0.91.

Heritage Media Price Performance

The firm has a 50-day simple moving average of $1.29 and a 200-day simple moving average of $1.41. The firm has a market capitalization of $527.04 million, a PE ratio of -8.20 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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