Asian Television Network International (CVE:SAT) Shares Down 38.5% – What’s Next?

Asian Television Network International Limited (CVE:SAT) traded down 38.5% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.04. 204,000 shares were traded during trading, an increase of 933% from the average session volume of 19,743 shares. The stock had previously closed at C$0.07.

Asian Television Network International Trading Down 38.5%

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

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.