Heritage Media (OTCMKTS:OLVI) Stock Price Up 15.8% – Still a Buy?

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) traded up 15.8% on Thursday . The stock traded as high as $0.2201 and last traded at $0.22. 33,052 shares were traded during mid-day trading, an increase of 165% from the average session volume of 12,488 shares. The stock had previously closed at $0.19.

Heritage Media Price Performance

The stock has a market cap of $154.71 million, a price-to-earnings ratio of -8.00 and a beta of -2.10. The company’s fifty day moving average price is $0.23 and its 200-day moving average price is $0.58.

Heritage Media (OTCMKTS:OLVIGet Free Report) last released its earnings results on Thursday, November 13th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $18.07 million for 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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