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

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.34 and traded as low as $7.17. Advanced Info Service Public shares last traded at $7.17, with a volume of 289 shares changing hands.

Advanced Info Service Public Trading Up 3.2 %

The company has a market cap of $22.01 billion, a PE ratio of 22.42 and a beta of 0.29. The company’s 50 day simple moving average is $8.20 and its two-hundred day simple moving average is $8.33. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.31 and a quick ratio of 0.29.

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

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 issued a $0.1694 dividend. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from Advanced Info Service Public’s previous dividend of $0.11. Advanced Info Service Public’s payout ratio is currently 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.