Asian Television Network International (CVE:SAT) Shares Down 38.5% – Here’s Why

by · The Markets Daily

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

Asian Television Network International Price Performance

The company has a market cap of C$976,120.00, a PE ratio of -0.36 and a beta of 1.53. 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. The stock has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.09.

About Asian Television Network International

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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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