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

Asian Television Network International Limited (CVE:SATGet Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 173000 shares changing hands. The stock had previously closed at C$0.08.

Asian Television Network International Trading Down 12.5 %

The company has a quick ratio of 0.63, a current ratio of 0.59 and a debt-to-equity ratio of 10,844.68. The firm has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.11. The firm has a market cap of C$1.71 million, a PE ratio of -1.00 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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