Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Down 5.4% – Here’s What Happened

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) traded down 5.4% during mid-day trading on Tuesday . The stock traded as low as $9.1576 and last traded at $9.1576. 318 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 6,956 shares. The stock had previously closed at $9.68.

Advanced Info Service Public Trading Down 5.4%

The company has a 50 day simple moving average of $9.66 and a 200 day simple moving average of $9.25. The stock has a market capitalization of $27.23 billion, a PE ratio of 24.10 and a beta of 0.26.

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

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.