Advanced Info Service Public (OTCMKTS:AVIFY) Shares Down 6.5% – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price traded down 6.5% during mid-day trading on Friday . The company traded as low as $8.9550 and last traded at $8.9550. 403 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 8,066 shares. The stock had previously closed at $9.58.

Advanced Info Service Public Stock Performance

The company has a 50 day moving average of $9.65 and a 200 day moving average of $9.26. The stock has a market capitalization of $26.63 billion, a price-to-earnings ratio of 20.83 and a beta of 0.13.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings data on Friday, November 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. Advanced Info Service Public had a return on equity of 45.39% and a net margin of 19.22%.The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.69 billion.

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.