Heritage Media (OTCMKTS:OLVI) Trading Down 8% – Here’s What Happened

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) dropped 8% on Friday . The company traded as low as $1.60 and last traded at $1.60. Approximately 141 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 9,312 shares. The stock had previously closed at $1.74.

Heritage Media Trading Down 9.4%

The stock has a market capitalization of $918.78 million, a price-to-earnings ratio of -14.50 and a beta of -1.67. The stock’s 50 day moving average is $1.74 and its two-hundred day moving average is $1.78.

Heritage Media (OTCMKTS:OLVIGet Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported ($0.04) earnings per share for the quarter. The firm had revenue of $32.51 million during the quarter.

Heritage Media Company Profile

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

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