Asian Television Network International (CVE:SAT) Shares Up 9.5% – Here’s Why

Shares of Asian Television Network International Limited (CVE:SAT) traded up 9.5% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 937 shares were traded during trading, a decline of 95% from the average session volume of 18,961 shares. The stock had previously closed at C$0.11.

Asian Television Network International Stock Performance

The company has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.11. The firm has a market cap 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 current ratio of 0.59 and a quick ratio of 0.63.

Asian Television Network International Company Profile

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.