Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Here’s Why

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Wednesday . The stock had previously closed at $11.18, but opened at $11.6288. Advanced Info Service Public shares last traded at $11.17, with a volume of 1,465 shares.

Advanced Info Service Public Price Performance

The stock has a market capitalization of $33.22 billion, a price-to-earnings ratio of 19.95 and a beta of 0.06. The stock has a 50-day simple moving average of $11.60 and a 200 day simple moving average of $11.44. 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 posted its quarterly earnings data 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 net margin of 23.42% and a return on equity of 50.07%.

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.