Asian Television Network International (CVE:SAT) Shares Down 2.9%

Asian Television Network International Limited (CVE:SAT)’s share price dropped 2.9% during trading on Friday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 2,000 shares traded hands during trading, a decline of 82% from the average daily volume of 10,834 shares. The stock had previously closed at C$0.17.

Asian Television Network International Stock Performance

The firm’s fifty day moving average price is C$0.20 and its 200 day moving average price is C$0.18. The company has a current ratio of 0.79, a quick ratio of 0.63 and a debt-to-equity ratio of 190.77. The firm has a market capitalization of C$4.03 million, a PE ratio of -16.50 and a beta of 1.10.

Asian Television Network International Company Profile

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