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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up before the market opened on Friday . The stock had previously closed at $9.55, but opened at $10.05. Advanced Info Service Public shares last traded at $10.05, with a volume of 353 shares changing hands.

Advanced Info Service Public Trading Up 1.7%

The firm has a fifty day simple moving average of $9.60 and a two-hundred day simple moving average of $9.20. The firm has a market cap of $30.93 billion, a PE ratio of 27.37 and a beta of 0.26.

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

Advanced Info Service Public Company Profile

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.