Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Should You Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $10.62, but opened at $11.0715. Advanced Info Service Public shares last traded at $11.0715, with a volume of 442 shares changing hands.

Advanced Info Service Public Trading Up 4.3%

The business has a 50-day simple moving average of $11.54 and a two-hundred day simple moving average of $11.43. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86. The stock has a market cap of $32.93 billion, a price-to-earnings ratio of 19.77 and a beta of 0.06.

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