Asian Television Network International (CVE:SAT) Trading Down 38.5% – Here’s What Happened

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

Asian Television Network International Stock Performance

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

Asian Television Network International Company Profile

(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.

Featured Stories

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.