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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) dropped 6.5% during trading on Wednesday . The stock 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 Down 3.2%

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

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $1.67 billion during 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.