Advanced Info Service Public (OTCMKTS:AVIFY) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.38 and traded as high as $9.66. Advanced Info Service Public shares last traded at $9.66, with a volume of 1,333 shares.

Advanced Info Service Public Stock Up 3.9%

The firm’s 50 day moving average is $9.38 and its 200-day moving average is $8.87. The firm has a market cap of $28.74 billion, a PE ratio of 25.43 and a beta of 0.27.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Wednesday, August 6th. The technology company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. Advanced Info Service Public had a net margin of 17.92% and a return on equity of 42.28%. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $55.34 billion.

Advanced Info Service Public Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 21st were paid a $0.149 dividend. This represents a yield of 292.0%. The ex-dividend date was Wednesday, August 20th. Advanced Info Service Public’s dividend payout ratio is presently 76.32%.

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.