Advanced Info Service Public (OTCMKTS:AVIFY) Shares Up 14% – Here’s Why

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) shot up 14% during trading on Monday . The company traded as high as $9.95 and last traded at $9.95. 418 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 2,727 shares. The stock had previously closed at $8.73.

Advanced Info Service Public Trading Down 5.2%

The company has a debt-to-equity ratio of 0.68, a current ratio of 0.34 and a quick ratio of 0.31. The business’s 50-day moving average is $9.63 and its two-hundred day moving average is $9.37. The firm has a market cap of $31.23 billion, a P/E ratio of 23.14 and a beta of 0.17.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.69 billion. Advanced Info Service Public had a net margin of 19.22% and a return on equity of 45.17%.

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.