Asian Television Network International (SAT) Hits New 12-Month Low at $0.10

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Shares of Asian Television Network International (CVE:SAT) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 75000 shares changing hands. The stock had previously closed at C$0.11.

The company has a debt-to-equity ratio of 6.08, a quick ratio of 1.35 and a current ratio of 1.45. The stock has a market cap of $2.68 million and a PE ratio of -1.83.

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Asian Television Network International Company Profile (CVE:SAT)

Asian Television Network International Limited engages in pay television broadcasting and television broadcasting advertising primarily for the south Asian community in Canada. It operates 54 premium pay specialty television channels in 9 languages. The company offers its flagship ATN-HD general interest service and 5 Bollywood movie channels, as well as 3 sports channels, 7 news channels, 6 music channels, 4 lifestyle channels, 3 Chinese channels, 7 Punjabi channels, and various regional language channels.

Further Reading: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

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