SKY Network Television (ASX:SKT) Trading Down 1.3%

SKY Network Television Limited (ASX:SKT) fell 1.3% during trading on Tuesday . The company traded as low as A$1.15 ($0.81) and last traded at A$1.16 ($0.82), 105,047 shares were traded during trading. A decline of 59% from the average session volume of 254,558 shares. The stock had previously closed at A$1.17 ($0.83).

The company has a debt-to-equity ratio of 20.41, a quick ratio of 0.38 and a current ratio of 0.87. The company has a market capitalization of $449.46 million and a P/E ratio of -2.72. The stock has a 50 day moving average price of A$1.16 and a 200 day moving average price of A$1.27.

About SKY Network Television (ASX:SKT)

SKY Network Television Limited, a media and entertainment company, provides multi-channel, pay television, and free-to-air television services in New Zealand. The company offers TV, movies, and sports programs. It serves approximately 750,000 customers, live and on demand through satellite and online delivery platforms.

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