Asian Television Network International (CVE:SAT) Sets New 1-Year Low – What’s Next?

Asian Television Network International Limited (CVE:SAT) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 24000 shares. The stock had previously closed at C$0.08.

Asian Television Network International Stock Performance

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’s fifty day moving average price is C$0.07 and its 200 day moving average price is C$0.09. The company has a market cap of C$1.71 million, a PE ratio of -0.70 and a beta of 1.51.

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.