Advanced Info Service Public (OTCMKTS:AVIFY) Stock Passes Above 50 Day Moving Average - Time to Sell?

Key Points

• Advanced Info Service Public Co. (OTCMKTS:AVIFY) saw its stock price rise above its 50-day moving average of $9.43, reaching a high of $10.20 during recent trading.
• The company reported earnings of $0.11 per share for the last quarter, matching analysts' expectations, with a revenue of $1.73 billion.
• Advanced Info Service recently issued a dividend of $0.149, leading to a notable dividend yield of 292.0%, with a payout ratio of 78.95%.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.43 and traded as high as $10.20. Advanced Info Service Public shares last traded at $10.20, with a volume of 4,658 shares trading hands.

Advanced Info Service Public Trading Up 0.1%

The company has a fifty day simple moving average of $9.43 and a 200-day simple moving average of $8.94. The company has a market capitalization of $30.33 billion, a PE ratio of 26.84 and a beta of 0.27.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last issued its earnings results on Wednesday, August 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $1.73 billion during the quarter, compared to analysts' expectations 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 $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 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.

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