Advanced Info Service Public (OTCMKTS:AVIFY) Sees Unusually-High Trading Volume – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares saw unusually-strong trading volume on Friday . 2,424 shares were traded during mid-day trading, a decline of 38% from the previous session’s volume of 3,936 shares.The stock last traded at $11.17 and had previously closed at $12.65.

Advanced Info Service Public Stock Down 4.5%

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The company has a market capitalization of $33.22 billion, a PE ratio of 19.95 and a beta of 0.06. The firm’s 50-day simple moving average is $11.58 and its 200 day simple moving average is $11.45.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 50.07%. The business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.70 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.