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

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Thursday . The stock had previously closed at $10.00, but opened at $11.15. Advanced Info Service Public shares last traded at $11.15, with a volume of 256 shares.

Advanced Info Service Public Price Performance

The company has a 50-day moving average of $9.84 and a two-hundred day moving average of $9.55. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.34 and a quick ratio of 0.31. The stock has a market capitalization of $29.89 billion, a PE ratio of 26.16 and a beta of 0.17.

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

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.