Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of 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.

Advanced Info Service Public Price Performance

The stock has a market cap of $24.74 billion, a price-to-earnings ratio of 25.21 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 stock’s 50 day simple moving average is $8.52 and its two-hundred day simple moving average is $8.35.

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, beating the consensus estimate 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 business also recently declared 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 a positive change from Advanced Info Service Public’s previous dividend of $0.11. The ex-dividend date of this dividend is Friday, February 21st. Advanced Info Service Public’s payout ratio is currently 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.