Asian Television Network International (CVE:SAT) Shares Up 25% – Should You Buy?

Asian Television Network International Limited (CVE:SAT) traded up 25% on Friday . The stock traded as high as C$0.17 and last traded at C$0.13. 7,500 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 11,449 shares. The stock had previously closed at C$0.10.

Asian Television Network International Price Performance

The company has a 50-day moving average of C$0.12 and a 200 day moving average of C$0.12. 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 stock has a market capitalization of C$3.05 million, a PE ratio of -1.56 and a beta of 1.52.

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.