Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Time to Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $10.03, but opened at $11.6580. Advanced Info Service Public shares last traded at $10.15, with a volume of 921 shares traded.

Advanced Info Service Public Trading Down 11.4%

The business has a fifty day moving average of $11.04 and a 200-day moving average of $10.90. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The company has a market capitalization of $30.19 billion, a P/E ratio of 19.15 and a beta of 0.06.

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

About Advanced Info Service Public

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.