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

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Friday . The stock had previously closed at $10.5480, but opened at $11.15. Advanced Info Service Public shares last traded at $11.15, with a volume of 605 shares traded.

Advanced Info Service Public Trading Up 0.5%

The stock has a market capitalization of $33.16 billion, a PE ratio of 21.04 and a beta of 0.07. The business’s 50-day moving average is $11.11 and its two-hundred day moving average is $10.70. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.48 and a current ratio of 0.52.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Advanced Info Service Public had a return on equity of 51.22% and a net margin of 22.29%.

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.