Asian Television Network International (CVE:SAT) Sets New 1-Year Low – Should You Sell?

by · The Cerbat Gem

Shares of Asian Television Network International Limited (CVE:SAT – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 30002 shares. The stock had previously closed at C$0.10.

Asian Television Network International Stock Performance

The company has a market cap of C$2.44 million, a price-to-earnings ratio of -1.25 and a beta of 1.52. The company’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.10. The company has a debt-to-equity ratio of 10,844.68, a quick ratio of 0.63 and a current ratio of 0.59.

Asian Television Network International Company Profile

(Get Free Report)

Asian Television Network International Limited engages in the specialty, pay television broadcasting, and advertising primarily for the south Asian community in Canada. It operates premium pay specialty television channels in 9 languages. The company provides its flagship ATN-HD general interest service; and various Bollywood movie channels with approximately 100 movies a month, as well as various channels that include sports, news, music, lifestyle, spiritual, and regional language channels.

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