Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down – Time to Sell?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down before the market opened on Friday . The stock had previously closed at $11.5550, but opened at $10.70. Advanced Info Service Public shares last traded at $10.70, with a volume of 120 shares traded.

Advanced Info Service Public Stock Down 7.4%

The company has a 50-day moving average of $11.58 and a 200-day moving average of $11.45. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $31.82 billion, a price-to-earnings ratio of 19.11 and a beta of 0.06.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly 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. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.The business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.70 billion.

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.