Asian Television Network International (CVE:SAT) Stock Price Down 33.3%

Asian Television Network International Limited (CVE:SAT) was down 33.3% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 110,000 shares changed hands during mid-day trading, an increase of 546% from the average daily volume of 17,031 shares. The stock had previously closed at C$0.17.

Asian Television Network International Stock Performance

The firm has a market cap of C$2.68 million, a PE ratio of -11.00 and a beta of 1.10. The firm has a 50-day moving average price of C$0.19 and a two-hundred day moving average price of C$0.19. The company has a quick ratio of 0.63, a current ratio of 0.79 and a debt-to-equity ratio of 190.77.

Asian Television Network International Company Profile

Asian Television Network International Limited engages in the specialty, pay television broadcasting, and advertising primarily for the south Asian community in Canada. It operates approximately 50 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.