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

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY)’s share price 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 Price Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.29 and a current ratio of 0.31. The stock’s 50 day moving average is $8.76 and its two-hundred day moving average is $8.22. The stock has a market capitalization of $24.30 billion, a PE ratio of 24.76 and a beta of 0.33.

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 net margin of 16.42% and a return on equity of 40.28%.

Advanced Info Service Public Increases Dividend

The business 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. 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 dividend 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.