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

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.21 and traded as low as $8.17. Advanced Info Service Public shares last traded at $8.17, with a volume of 375 shares trading hands.

Advanced Info Service Public Trading Up 12.8 %

The business has a 50 day moving average of $8.76 and a two-hundred day moving average of $8.22. The firm has a market capitalization of $24.30 billion, a price-to-earnings ratio of 24.76 and a beta of 0.33. 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 posted its earnings results on Friday, February 7th. The technology company reported $0.09 earnings per share (EPS) 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 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 a positive change from Advanced Info Service Public’s previous dividend of $0.11. Advanced Info Service Public’s 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.