Asian Television Network International (CVE:SAT) Trading Down 16%

Asian Television Network International Limited (CVE:SATGet Rating)’s stock price traded down 16% during trading on Wednesday . The company traded as low as C$0.21 and last traded at C$0.21. 50,000 shares were traded during mid-day trading, an increase of 322% from the average session volume of 11,837 shares. The stock had previously closed at C$0.25.

Asian Television Network International Stock Performance

The stock’s 50 day moving average price is C$0.22 and its 200 day moving average price is C$0.20. The company has a debt-to-equity ratio of 193.84, a quick ratio of 0.63 and a current ratio of 0.76. The company has a market capitalization of C$5.12 million and a P/E ratio of -21.00.

Asian Television Network International Company Profile

(Get Rating)

Asian Television Network International Limited engages in the specialty, pay television broadcasting, and television broadcasting 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.

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