Heritage Media (OTCMKTS:OLVI) Trading Up 15.8% – Here’s Why

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

Heritage Media Stock Up 15.8%

The firm has a market capitalization of $141.84 million, a PE ratio of -7.33 and a beta of -2.10. The stock has a 50-day moving average price of $0.23 and a 200 day moving average price of $0.59.

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

About Heritage Media

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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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