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

Asian Television Network International Limited (CVE:SATGet Free Report)’s share price traded down 38.5% during 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 Stock Performance

The company has a market cap of C$976,120.00, a P/E ratio of -0.36 and a beta of 1.53. The stock has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.09. The company has a quick ratio of 0.63, a current ratio of 0.59 and a debt-to-equity ratio of 10,844.68.

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.

See Also

Receive News & Ratings for Asian Television Network International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asian Television Network International and related companies with MarketBeat.com's FREE daily email newsletter.