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Heritage Media (OTCMKTS:OLVI) Shares Down 17.7% - Here's What Happened

Heritage Media logo with Computer and Technology background

Key Points

  • Heritage Media Corp. shares fell by 17.7%, closing at $0.91, significantly below the previous closing price of $1.11.
  • Trading volume decreased by 36% from the average daily volume, indicating notable market activity during this period.
  • The company has a market capitalization of $572.04 million and a negative P/E ratio of -8.90.
  • MarketBeat previews the top five stocks to own by September 1st.

Heritage Media Corp. (OTCMKTS:OLVI - Get Free Report) dropped 17.7% on Thursday . The company traded as low as $0.91 and last traded at $0.91. Approximately 7,146 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 11,128 shares. The stock had previously closed at $1.11.

Heritage Media Stock Performance

The stock has a market cap of $623.46 million, a PE ratio of -9.70 and a beta of -1.84. The stock has a fifty day simple moving average of $1.45 and a two-hundred day simple moving average of $1.47.

About Heritage Media

(Get Free Report)

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

Further Reading

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