Advanced Info Service Public (OTCMKTS:AVIFY) Shares Down 6.5% – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price was down 6.5% during mid-day trading on Wednesday . The company traded as low as $10.05 and last traded at $10.05. Approximately 191 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 7,196 shares. The stock had previously closed at $10.75.

Advanced Info Service Public Stock Performance

The stock has a market capitalization of $29.23 billion, a price-to-earnings ratio of 25.87 and a beta of 0.26. The firm’s 50 day moving average is $9.62 and its 200-day moving average is $9.23.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Advanced Info Service Public had a return on equity of 42.28% and a net margin of 17.92%.

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.