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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up before the market opened on Monday . The stock had previously closed at $10.1160, but opened at $11.1750. Advanced Info Service Public shares last traded at $10.88, with a volume of 41,461 shares.

Advanced Info Service Public Stock Down 0.6%

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The company has a fifty day simple moving average of $11.11 and a two-hundred day simple moving average of $10.87. The firm has a market capitalization of $30.74 billion, a PE ratio of 19.50 and a beta of 0.06.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. Advanced Info Service Public had a return on equity of 48.34% and a net margin of 22.29%.The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 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.