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

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down before the market opened on Monday . The stock had previously closed at $12.29, but opened at $11.18. Advanced Info Service Public shares last traded at $11.18, with a volume of 689 shares trading hands.

Advanced Info Service Public Price Performance

The firm has a market capitalization of $35.33 billion, a PE ratio of 21.21 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The business’s 50 day moving average is $11.52 and its two-hundred day moving average is $11.44.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.

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.