Asian Television Network International (CVE:SAT) Trading Up 9.5% – Here’s What Happened

Shares of Asian Television Network International Limited (CVE:SATGet Free Report) rose 9.5% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 937 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 18,961 shares. The stock had previously closed at C$0.11.

Asian Television Network International Stock Up 9.5 %

The business’s 50-day moving average is C$0.09 and its two-hundred day moving average is C$0.11. The firm has a market capitalization of C$2.81 million, a price-to-earnings ratio of -1.44 and a beta of 1.52. 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.

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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