Advanced Info Service Public (OTCMKTS:AVIFY) Shares Up 17.2% – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price shot up 17.2% during mid-day trading on Tuesday . The stock traded as high as $10.50 and last traded at $10.50. 809 shares changed hands during trading, a decline of 89% from the average session volume of 7,432 shares. The stock had previously closed at $8.96.

Advanced Info Service Public Stock Performance

The stock has a market capitalization of $31.23 billion, a P/E ratio of 24.42 and a beta of 0.13. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average price of $9.62 and a two-hundred day moving average price of $9.35.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Friday, November 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate 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.