Advanced Info Service Public (OTCMKTS:AVIFY) Releases Earnings Results, Meets Expectations

Advanced Info Service Public (OTCMKTS:AVIFY) released its earnings results on Friday. The technology company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14, Zacks reports. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%.

Advanced Info Service Public Stock Up 2.3%

Shares of AVIFY stock traded up $0.26 during trading hours on Friday, hitting $11.54. 4,690 shares of the company’s stock traded hands, compared to its average volume of 4,146. The stock’s fifty day simple moving average is $11.38 and its two-hundred day simple moving average is $11.39. Advanced Info Service Public has a 12-month low of $7.81 and a 12-month high of $13.41. The stock has a market cap of $34.33 billion, a price-to-earnings ratio of 21.78 and a beta of 0.06. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.90.

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.