Advanced Info Service Public (OTCMKTS:AVIFY) Trading 16.7% Higher - Should You Buy?

Key Points

• Advanced Info Service Public saw a significant rise in share price, trading 16.7% higher at $10.20, compared to a previous close of $8.74, though trading volume was down by 49% from average levels.
• The company reported earnings of $0.11 per share for the last quarter, matching analysts' expectations, with a revenue of $1.73 billion, significantly lower than the consensus estimate.
• A recent dividend of $0.149 per share was paid, resulting in a high dividend yield of 292.0%, while the company currently has a dividend payout ratio of 78.95%.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) rose 16.7% during mid-day trading on Friday . The company traded as high as $10.20 and last traded at $10.20. 3,957 shares were traded during trading, a decline of 49% from the average session volume of 7,718 shares. The stock had previously closed at $8.74.

Advanced Info Service Public Price Performance

The firm has a 50 day simple moving average of $9.36 and a 200-day simple moving average of $8.84. The company has a market cap of $27.66 billion, a price-to-earnings ratio of 24.47 and a beta of 0.27.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The technology company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. The firm had revenue of $1.73 billion during 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 disclosed a dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 21st were given a dividend of $0.149 per share. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a dividend yield of 292.0%. Advanced Info Service Public's dividend payout ratio (DPR) is presently 78.95%.

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.

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