Advanced Info Service Public (OTCMKTS:AVIFY) Trading Down 17.8% - Should You Sell?

Key Points

• Advanced Info Service Public shares dropped 17.8% during trading, with the stock closing at $8.45, a significant decline from the previous close of $10.27.
• The company reported a net margin of 17.92% and earnings of $0.11 per share for the latest quarter, meeting analysts' consensus estimates.
• Advanced Info Service Public recently disclosed a dividend payment with a yield of 292.0%, indicating a high payout ratio of 76.32%.

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) shares fell 17.8% during trading on Friday . The company traded as low as $8.45 and last traded at $8.45. 2,147 shares were traded during mid-day trading, a decline of 71% from the average session volume of 7,395 shares. The stock had previously closed at $10.27.

Advanced Info Service Public Stock Performance

The company has a 50-day moving average price of $9.45 and a 200-day moving average price of $8.91. The firm has a market capitalization of $25.12 billion, a P/E ratio of 22.22 and a beta of 0.27.

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

Advanced Info Service Public Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 15th. Stockholders of record on Thursday, August 21st were given a $0.149 dividend. 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 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.

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