Asian Television Network International (CVE:SAT) Trading Down 64.3% – Should You Sell?

Asian Television Network International Limited (CVE:SATGet Free Report) was down 64.3% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 100,200 shares were traded during trading, an increase of 442% from the average daily volume of 18,491 shares. The stock had previously closed at C$0.07.

Asian Television Network International Stock Performance

The stock has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The company has a debt-to-equity ratio of 10,844.68, a current ratio of 0.59 and a quick ratio of 0.63. The company has a market capitalization of C$610,075.00, a PE ratio of -0.36 and a beta of 1.13.

Asian Television Network International Company Profile

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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. It also operates a South Asian radio service on satellite radio in the United States and Canada.

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