Advanced Info Service Public (OTCMKTS:AVIFY) Trading Up 6.2% – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price shot up 6.2% on Wednesday . The company traded as high as $10.37 and last traded at $10.37. 1,518 shares were traded during trading, a decline of 68% from the average daily volume of 4,705 shares. The stock had previously closed at $9.76.

Advanced Info Service Public Stock Up 6.2%

The company has a debt-to-equity ratio of 2.37, a current ratio of 0.40 and a quick ratio of 0.86. The stock’s fifty day simple moving average is $11.32 and its 200-day simple moving average is $11.27. The stock has a market cap of $30.84 billion, a P/E ratio of 18.52 and a beta of 0.04.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its earnings results on Friday, August 7th. The technology company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. The company had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.70 billion. Advanced Info Service Public had a return on equity of 57.49% and a net margin of 23.42%.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY), commonly known as AIS, is a Thailand-based telecommunications company. It provides mobile communications services, including voice and data connectivity, through nationwide cellular networks supporting technologies such as 4G and 5G.

The company also offers fixed broadband internet under the AIS Fibre brand, as well as digital entertainment and related consumer services. For businesses and organizations, AIS provides enterprise connectivity, information and communications technology solutions, cloud services, data center services, and other digital solutions.

AIS was established in Thailand in 1986 and has developed into one of the country’s leading telecommunications providers.