Asian Television Network International (CVE:SAT) Shares Down 38.5% – What’s Next?

by · The Cerbat Gem

Asian Television Network International Limited (CVE:SAT – Get Free Report)’s stock price was down 38.5% during trading on Saturday . The company traded as low as C$0.02 and last traded at C$0.04. Approximately 204,000 shares traded hands during trading, an increase of 903% from the average daily volume of 20,335 shares. The stock had previously closed at C$0.07.

Asian Television Network International Trading Down 38.5%

The company has a debt-to-equity ratio of 10,844.68, a current ratio of 0.59 and a quick ratio of 0.63. The company has a market cap of C$976,120.00, a price-to-earnings ratio of -0.36 and a beta of 1.53. The business’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.09.

About Asian Television Network International

(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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