Advanced Info Service Public (OTCMKTS:AVIFY) Stock Crosses Below 200-Day Moving Average – Here’s Why

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.35 and traded as low as $8.32. Advanced Info Service Public shares last traded at $8.32, with a volume of 196 shares trading hands.

Advanced Info Service Public Stock Performance

The firm has a fifty day moving average of $8.52 and a 200-day moving average of $8.35. The company has a quick ratio of 0.29, a current ratio of 0.31 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $24.74 billion, a price-to-earnings ratio of 25.21 and a beta of 0.29.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Friday, February 7th. The technology company reported $0.09 earnings per share for the quarter, beating 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 firm also recently announced a dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, February 21st will be given a dividend of $0.1694 per share. The ex-dividend date is Friday, February 21st. This is a boost from Advanced Info Service Public’s previous dividend of $0.11. Advanced Info Service Public’s payout ratio is presently 72.73%.

Advanced Info Service Public Company Profile

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.