Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $12.30, but opened at $11.05. Advanced Info Service Public shares last traded at $11.05, with a volume of 6,886 shares trading hands.

Advanced Info Service Public Trading Down 3.1%

The firm has a market cap of $32.51 billion, a P/E ratio of 20.62 and a beta of 0.07. The business’s 50-day moving average is $11.12 and its two-hundred day moving average is $10.78. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.52 and a quick ratio of 0.48.

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

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.