Asian Television Network International (CVE:SAT) Stock Price Up 9.5% – Should You Buy?

Shares of Asian Television Network International Limited (CVE:SATGet Free Report) traded up 9.5% on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 937 shares traded hands 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 Price Performance

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 company’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.11. The stock has a market cap of C$2.81 million, a price-to-earnings ratio of -1.44 and a beta of 1.52.

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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