Asian Television Network International (CVE:SAT) Trading Up 9.5% – Still a Buy?

Shares of Asian Television Network International Limited (CVE:SAT) were up 9.5% on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 937 shares were traded 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 Price Performance

The company has a market capitalization of C$2.81 million, a PE ratio of -1.44 and a beta of 1.52. The stock has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.11. 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

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.