Advanced Info Service Public (OTCMKTS:AVIFY) Shares Up 17.2% – Time to Buy?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) shot up 17.2% during mid-day trading on Tuesday . The company traded as high as $10.50 and last traded at $10.50. 809 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 7,432 shares. The stock had previously closed at $8.96.

Advanced Info Service Public Price Performance

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 50-day moving average price of $9.62 and a 200-day moving average price of $9.35. The stock has a market cap of $31.23 billion, a P/E ratio of 24.42 and a beta of 0.13.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate 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.