Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Should You Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $9.52, but opened at $10.01. Advanced Info Service Public shares last traded at $10.01, with a volume of 268 shares changing hands.

Advanced Info Service Public Stock Performance

The company’s 50-day moving average price is $9.63 and its two-hundred day moving average price is $9.30. The company has a market capitalization of $30.76 billion, a price-to-earnings ratio of 24.05 and a beta of 0.13. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.34 and a quick ratio of 0.31.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.69 billion. Advanced Info Service Public had a net margin of 19.22% and a return on equity of 45.17%.

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.