Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Up 11.4% – Should You Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shot up 11.4% during mid-day trading on Thursday . The stock traded as high as $12.51 and last traded at $12.51. Approximately 250 shares changed hands during trading, a decline of 94% from the average session volume of 4,064 shares. The stock had previously closed at $11.23.

Advanced Info Service Public Price Performance

The firm has a market capitalization of $36.55 billion, a P/E ratio of 21.95 and a beta of 0.06. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $11.47 and its 200-day moving average is $11.44.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Advanced Info Service Public had a return on equity of 50.07% 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 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.