Asian Television Network International Limited (CVE:SAT – Get Free Report) shares dropped 38.5% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.04. Approximately 204,000 shares traded 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 stock has a market capitalization of C$976,120.00, a price-to-earnings 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 firm’s 50 day moving average is C$0.07 and its 200-day moving average is C$0.09.
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 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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