Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Time to Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $10.03, but opened at $11.6580. Advanced Info Service Public shares last traded at $10.15, with a volume of 921 shares changing hands.

Advanced Info Service Public Price Performance

The firm has a market cap of $30.19 billion, a price-to-earnings ratio of 19.15 and a beta of 0.06. The business’s 50-day simple moving average is $11.04 and its two-hundred day simple moving average is $10.90. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%.

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.