Asian Television Network International (CVE:SAT) Shares Down 33.3%

Asian Television Network International Limited (CVE:SAT) shares were down 33.3% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 110,000 shares traded hands during trading, an increase of 546% from the average daily volume of 17,031 shares. The stock had previously closed at C$0.17.

Asian Television Network International Trading Down 33.3 %

The stock has a market cap of C$2.68 million, a price-to-earnings ratio of -11.00 and a beta of 1.10. The firm’s 50 day moving average is C$0.18 and its two-hundred day moving average is C$0.18. The company has a quick ratio of 0.63, a current ratio of 0.79 and a debt-to-equity ratio of 190.77.

About Asian Television Network International

Asian Television Network International Limited engages in the specialty, pay television broadcasting, and advertising primarily for the south Asian community in Canada. It operates approximately 50 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.