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

Shares of Asian Television Network International Limited (CVE:SATGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 30002 shares. The stock had previously closed at C$0.10.

Asian Television Network International Stock Performance

The company has a market cap of C$2.44 million, a price-to-earnings ratio of -1.25 and a beta of 1.52. The company’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.10. 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.

Asian Television Network International Company Profile

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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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