Advanced Info Service Public (OTCMKTS:AVIFY) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.36 and traded as low as $11.3444. Advanced Info Service Public shares last traded at $11.3444, with a volume of 228 shares trading hands.

Advanced Info Service Public Trading Down 0.7%

The stock has a market capitalization of $33.49 billion, a PE ratio of 21.25 and a beta of 0.04. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90. The firm has a 50-day moving average price of $11.38 and a 200-day moving average price of $11.36.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.75 billion.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS: AVIFY), commonly known as AIS, is a Thailand-based telecommunications provider offering a range of mobile and digital services. The company operates nationwide mobile networks and provides voice and data plans for prepaid and postpaid customers, as well as international roaming and value-added mobile services. AIS is publicly listed in Thailand and also trades over the counter under the AVIFY ticker.

Beyond core mobile services, AIS has expanded into fixed broadband and digital platforms.