Is Buying APT SATELLITE HLDGS ORDINARY SHARES (OTCMKTS:ASEJF) Here Good Idea?

June 18, 2018 - By Stephen Andrade

APT Satellite Holdings Limited (OTCMKTS:ASEJF) Logo

The stock of APT SATELLITE HLDGS ORDINARY SHARES (OTCMKTS:ASEJF) registered an increase of 0.88% in short interest. ASEJF’s total short interest was 57,300 shares in June as published by FINRA. Its up 0.88% from 56,800 shares, reported previously. With 3,200 shares average volume, it will take short sellers 18 days to cover their ASEJF’s short positions. The short interest to APT SATELLITE HLDGS ORDINARY SHARES’s float is 0.02%.

It closed at $0.443 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

APT Satellite Holdings Limited, an investment holding company, maintains, operates, and provides satellite transponder capacity and related services, satellite broadcasting and telecommunications services, and other services. The company has market cap of $403.25 million. The firm offers a range of C-band and Ku-band transponder leasing services to its broadcasting and telecommunication customers; satellite TV broadcasting services; and teleport and network services, including hub and single channel per carrier services. It has a 6.42 P/E ratio. It also provides data center services that comprise rack leasing, server and equipment hosting, cloud management, IP gateway transit, and customized managed services.

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