Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Wednesday . The stock had previously closed at $11.18, but opened at $12.65. Advanced Info Service Public shares last traded at $12.65, with a volume of 2,000 shares.

Advanced Info Service Public Price Performance

The stock has a fifty day moving average price of $11.58 and a 200-day moving average price of $11.45. The company has a market cap of $34.80 billion, a PE ratio of 20.89 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its earnings results on Friday, August 7th. The technology company reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. The business had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.

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.