Asian Television Network International (CVE:SAT) Stock Price Up 8.3%

Shares of Asian Television Network International (CVE:SAT) were up 8.3% during mid-day trading on Tuesday . The company traded as high as C$0.13 and last traded at C$0.13, approximately 28,500 shares traded hands during trading. An increase of 50% from the average daily volume of 18,946 shares. The stock had previously closed at C$0.12.

The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 41.50. The company’s 50-day simple moving average is C$0.11 and its 200-day simple moving average is C$0.11. The stock has a market capitalization of $2.44 million and a price-to-earnings ratio of -1.23.

About Asian Television Network International (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.

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