Advanced Info Service Public (OTCMKTS:AVIFY) Shares Cross Below 200 Day Moving Average – Time to Sell?

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 traded.

Advanced Info Service Public Trading Up 11.5 %

The stock has a market cap of $24.04 billion, a price-to-earnings ratio of 24.50 and a beta of 0.29. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.31 and a quick ratio of 0.29. The business’s 50 day moving average is $8.48 and its 200 day moving average is $8.36.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its earnings results on Friday, February 7th. The technology company reported $0.09 earnings per share for the quarter, topping the consensus estimate 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 business also recently disclosed a dividend, which will be paid on Monday, April 21st. Stockholders of record on Friday, February 21st will be given a dividend of $0.1694 per share. 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.