Advanced Info Service Public (OTCMKTS:AVIFY) Sees Unusually-High Trading Volume – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) saw unusually-strong trading volume on Friday . Approximately 107,395 shares changed hands during mid-day trading, an increase of 2,730% from the previous session’s volume of 3,795 shares.The stock last traded at $10.98 and had previously closed at $11.28.

Advanced Info Service Public Stock Up 3.8%

The stock has a market cap of $33.75 billion, a PE ratio of 21.42 and a beta of 0.07. The firm has a fifty day moving average of $11.11 and a 200 day moving average of $10.79. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.73.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 billion. Advanced Info Service Public had a return on equity of 51.22% and a net margin of 22.29%.

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.