Asian Television Network International (CVE:SAT) Trading Down 64.3% – What’s Next?

Asian Television Network International Limited (CVE:SAT) traded down 64.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. 100,200 shares changed hands during trading, an increase of 442% from the average daily volume of 18,491 shares. The stock had previously closed at C$0.07.

Asian Television Network International Stock Performance

The company has a market cap of C$610,075.00, a P/E ratio of -0.36 and a beta of 1.13. 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. The firm’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.05.

About Asian Television Network International

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. It also operates a South Asian radio service on satellite radio in the United States and Canada.