Advanced Info Service Public (OTCMKTS:AVIFY) Shares Down 12.7% – Time to Sell?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) dropped 12.7% during trading on Wednesday . The company traded as low as $8.95 and last traded at $8.95. Approximately 1,126 shares changed hands during trading, a decline of 85% from the average daily volume of 7,618 shares. The stock had previously closed at $10.2499.

Advanced Info Service Public Price Performance

The company has a 50-day moving average of $9.67 and a 200-day moving average of $9.34. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.31 and a current ratio of 0.34. The firm has a market capitalization of $26.62 billion, a price-to-earnings ratio of 20.81 and a beta of 0.13.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its earnings results on Friday, November 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. Advanced Info Service Public had a return on equity of 45.17% and a net margin of 19.22%.The business had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.69 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.