Asian Television Network International (CVE:SAT) Reaches New 12-Month Low – What’s Next?

Asian Television Network International Limited (CVE:SATGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 109570 shares trading hands. The stock had previously closed at C$0.08.

Asian Television Network International Price Performance

The company has a debt-to-equity ratio of 10,844.68, a quick ratio of 0.63 and a current ratio of 0.59. The company has a 50-day moving average of C$0.10 and a 200-day moving average of C$0.10. The firm has a market capitalization of C$2.07 million, a price-to-earnings ratio of -1.06 and a beta of 1.52.

About Asian Television Network International

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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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