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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up before the market opened on Friday . The stock had previously closed at $10.70, but opened at $11.60. Advanced Info Service Public shares last traded at $10.80, with a volume of 362 shares.

Advanced Info Service Public Stock Performance

The company has a market cap of $32.12 billion, a P/E ratio of 20.38 and a beta of 0.07. The firm has a 50 day moving average price of $11.14 and a 200-day moving average price of $10.84. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.48 and a current ratio of 0.52.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its quarterly earnings results 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 during the quarter, compared to the consensus estimate 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.