Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $11.7050, but opened at $12.50. Advanced Info Service Public shares last traded at $12.50, with a volume of 279 shares traded.

Advanced Info Service Public Trading Up 6.8%

The company has a market capitalization of $37.17 billion, a P/E ratio of 23.58 and a beta of 0.04. The business has a 50 day moving average price of $11.23 and a 200 day moving average price of $11.17. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90.

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

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.