Advanced Info Service Public (OTCMKTS:AVIFY) Sets New 12-Month High - Should You Buy?

Key Points

• Advanced Info Service Public shares reached a new 52-week high of $10.42 during trading but last traded at $9.26 with a trading volume of 733 shares.
• The company reported a net margin of 17.92% and a return on equity of 42.28%, with quarterly earnings meeting analysts' expectations at $0.11 per share.
• Advanced Info Service Public announced a dividend of $0.149 per share, yielding 292.0%, with the payout ratio at 78.95%.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $10.42 and last traded at $9.26, with a volume of 733 shares traded. The stock had previously closed at $9.20.

Advanced Info Service Public Stock Performance

The stock has a market capitalization of $30.93 billion, a price-to-earnings ratio of 27.37 and a beta of 0.34. The company has a fifty day simple moving average of $9.30 and a 200 day simple moving average of $8.75.

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

Advanced Info Service Public Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 15th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.149 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a yield of 292.0%. Advanced Info Service Public's payout ratio is presently 78.95%.

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.