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 Friday . The stock had previously closed at $8.95, but opened at $10.50. Advanced Info Service Public shares last traded at $10.50, with a volume of 239 shares traded.

Advanced Info Service Public Stock Up 3.4%

The business has a 50 day simple moving average of $9.63 and a 200 day simple moving average of $9.34. The company has a market capitalization of $27.51 billion, a price-to-earnings ratio of 21.51 and a beta of 0.13. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.34 and a quick ratio of 0.31.

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

About Advanced Info Service Public

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.