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

Asian Television Network International Limited (CVE:SAT)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 64000 shares traded. The stock had previously closed at C$0.10.

Asian Television Network International Price Performance

The stock’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10. The firm has a market cap of C$1.71 million, a price-to-earnings ratio of -0.88 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

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.