Advanced Info Service Public (OTCMKTS:AVIFY) Trading Down 7.5% – What’s Next?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) fell 7.5% during mid-day trading on Friday . The company traded as low as $10.03 and last traded at $10.03. 1,383 shares were traded during trading, a decline of 73% from the average session volume of 5,085 shares. The stock had previously closed at $10.84.

Advanced Info Service Public Price Performance

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 stock has a market capitalization of $29.83 billion, a price-to-earnings ratio of 18.92 and a beta of 0.06. The company has a 50-day moving average of $11.05 and a 200-day moving average of $10.87.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data 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. Advanced Info Service Public had a return on equity of 48.34% and a net margin of 22.29%.The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 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.