Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Still a Buy?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up prior to trading on Friday . The stock had previously closed at $10.0260, but opened at $10.50. Advanced Info Service Public shares last traded at $10.50, with a volume of 896 shares traded.

Advanced Info Service Public Stock Performance

The company’s 50-day simple moving average is $9.82 and its 200 day simple moving average is $9.48. The stock has a market cap of $31.14 billion, a P/E ratio of 23.63 and a beta of 0.17. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 0.68.

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 company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.69 billion. Advanced Info Service Public had a return on equity of 45.17% and a net margin of 19.22%.

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.