Advanced Info Service Public (OTCMKTS:AVIFY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.36 and traded as low as $7.25. Advanced Info Service Public shares last traded at $7.25, with a volume of 1,259 shares trading hands.

Advanced Info Service Public Trading Down 12.9 %

The business has a 50 day moving average of $8.49 and a two-hundred day moving average of $8.36. The firm has a market capitalization of $21.56 billion, a price-to-earnings ratio of 21.97 and a beta of 0.29. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.29 and a current ratio of 0.31.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its earnings results on Friday, February 7th. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Advanced Info Service Public had a return on equity of 40.28% and a net margin of 16.42%.

Advanced Info Service Public Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 21st. Investors of record on Friday, February 21st will be paid a $0.1694 dividend. This is an increase from Advanced Info Service Public’s previous dividend of $0.11. The ex-dividend date is Friday, February 21st. Advanced Info Service Public’s dividend payout ratio is presently 72.73%.

About Advanced Info Service Public

Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.