Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Up 14.2% – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price shot up 14.2% during trading on Tuesday . The stock traded as high as $9.57 and last traded at $9.57. 285 shares were traded during mid-day trading, a decline of 96% from the average session volume of 7,938 shares. The stock had previously closed at $8.38.

Advanced Info Service Public Stock Performance

The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.31 and a current ratio of 0.34. The firm’s 50 day moving average is $9.61 and its 200-day moving average is $9.26. The stock has a market capitalization of $28.46 billion, a price-to-earnings ratio of 22.26 and a beta of 0.13.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Advanced Info Service Public had a return on equity of 45.17% and a net margin of 19.22%.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.