Advanced Info Service Public (OTCMKTS:AVIFY) Trading Down 6.4% – Here’s Why

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) dropped 6.4% during trading on Thursday . The stock traded as low as $11.00 and last traded at $11.00. Approximately 180 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 4,981 shares. The stock had previously closed at $11.75.

Advanced Info Service Public Price Performance

The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $33.20 billion, a P/E ratio of 21.07 and a beta of 0.07. The company’s 50-day simple moving average is $11.15 and its 200 day simple moving average is $10.83.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its earnings results on Thursday, May 7th. The technology company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.75 billion. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 51.22%.

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.