Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $13.40, but opened at $11.50. Advanced Info Service Public shares last traded at $12.15, with a volume of 4,864 shares changing hands.

Advanced Info Service Public Price Performance

The company has a 50 day simple moving average of $10.62 and a 200-day simple moving average of $9.90. The stock has a market cap of $35.63 billion, a price-to-earnings ratio of 24.45 and a beta of 0.17. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.68.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its earnings results on Tuesday, February 3rd. The technology company reported $0.15 earnings per share for the quarter. Advanced Info Service Public had a net margin of 21.21% and a return on equity of 50.67%. The company had revenue of $1.85 billion for the quarter.

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.