Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down – Here’s What Happened

Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down before the market opened on Thursday . The stock had previously closed at $10.38, but opened at $9.8450. Advanced Info Service Public shares last traded at $9.8450, with a volume of 515 shares changing hands.

Advanced Info Service Public Stock Down 2.5%

The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 2.37. The stock has a 50-day simple moving average of $11.12 and a 200-day simple moving average of $11.19. The firm has a market capitalization of $29.15 billion, a PE ratio of 17.50 and a beta of 0.04.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.70 billion. Advanced Info Service Public had a return on equity of 57.49% 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 company. It provides mobile communications services, including voice and data connectivity, through nationwide cellular networks supporting technologies such as 4G and 5G.

The company also offers fixed broadband internet under the AIS Fibre brand, as well as digital entertainment and related consumer services. For businesses and organizations, AIS provides enterprise connectivity, information and communications technology solutions, cloud services, data center services, and other digital solutions.

AIS was established in Thailand in 1986 and has developed into one of the country’s leading telecommunications providers.