Advanced Info Service Public (OTCMKTS:AVIFY) Sees Strong Trading Volume – Here’s What Happened

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares saw unusually-strong trading volume on Friday . Approximately 107,395 shares traded hands during 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 Trading Up 0.5%

The stock has a market capitalization of $32.65 billion, a price-to-earnings ratio of 20.72 and a beta of 0.07. The company’s 50-day moving average is $11.11 and its 200-day moving average is $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 announced its earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates 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.