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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.62, but opened at $11.0715. Advanced Info Service Public shares last traded at $11.0715, with a volume of 442 shares.

Advanced Info Service Public Price Performance

The stock’s fifty day moving average price is $11.52 and its 200-day moving average price is $11.41. The firm has a market cap of $31.38 billion, a PE ratio of 18.84 and a beta of 0.04. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 50.07%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 billion.

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.