Advanced Info Service Public (OTCMKTS:AVIFY) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Advanced Info Service Public Co. (OTCMKTS:AVIFY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.05 and traded as high as $11.50. Advanced Info Service Public shares last traded at $11.48, with a volume of 1,723 shares traded.

Advanced Info Service Public Price Performance

The stock’s 50-day simple moving average is $11.07 and its two-hundred day simple moving average is $11.01. The firm has a market cap of $32.71 billion, a P/E ratio of 20.75 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.75 billion. Advanced Info Service Public had a return on equity of 48.34% and a net margin of 22.29%.

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.