Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.76, but opened at $10.53. Advanced Info Service Public shares last traded at $10.53, with a volume of 175 shares traded.

Advanced Info Service Public Trading Down 8.0%

The company has a market cap of $28.58 billion, a PE ratio of 17.16 and a beta of 0.04. The stock’s 50 day moving average is $11.23 and its 200-day moving average is $11.23. The company has a quick ratio of 0.86, a current ratio of 0.40 and a debt-to-equity ratio of 2.37.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Friday, August 7th. The technology company reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. The business had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 57.49%.

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.