Shares of Asian Television Network International Limited (CVE:SAT – Get Free Report) dropped 38.5% on Saturday . The company traded as low as C$0.02 and last traded at C$0.04. Approximately 204,000 shares were traded during 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 Price Performance
The business has a 50-day moving average of C$0.07 and a two-hundred day 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 firm has a market cap of C$976,120.00, a P/E ratio of -0.36 and a beta of 1.53.
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.
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