Advanced Info Service Public (OTCMKTS:AVIFY) Sees Large Volume Increase – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares saw an uptick in trading volume on Wednesday . 177,584 shares traded hands during mid-day trading, an increase of 11,364% from the previous session’s volume of 1,549 shares.The stock last traded at $11.06 and had previously closed at $12.25.

Advanced Info Service Public Trading Down 9.7%

The business’s 50-day simple moving average is $11.62 and its two-hundred day simple moving average is $10.38. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $32.89 billion, a PE ratio of 22.57 and a beta of 0.18.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its earnings results on Tuesday, February 3rd. The technology company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $1.85 billion for the quarter. Advanced Info Service Public had a return on equity of 49.06% and a net margin of 21.21%.

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.