Asian Television Network International (CVE:SAT) Reaches New 1-Year Low – Should You Sell?

Asian Television Network International Limited (CVE:SATGet Free Report)’s share price reached a new 52-week low during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 173000 shares. The stock had previously closed at C$0.08.

Asian Television Network International Stock Performance

The company has a market cap of C$1.71 million, a P/E ratio of -1.00 and a beta of 1.52. The company has a current ratio of 0.59, a quick ratio of 0.63 and a debt-to-equity ratio of 10,844.68. The company has a 50 day moving average price of C$0.11 and a 200-day moving average price of C$0.11.

Asian Television Network International Company Profile

(Get Free Report)

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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