Advanced Info Service Public (OTCMKTS:AVIFY) Shares Down 7.9% – What’s Next?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares traded down 7.9% during mid-day trading on Wednesday . The stock traded as low as $10.00 and last traded at $10.00. 416 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 3,135 shares. The stock had previously closed at $10.86.

Advanced Info Service Public Stock Down 7.9%

The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.68. The company has a market cap of $29.74 billion, a price-to-earnings ratio of 23.26 and a beta of 0.17. The stock has a fifty day moving average price of $9.82 and a two-hundred day moving average price of $9.52.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.11 by $0.02. Advanced Info Service Public had a net margin of 19.22% and a return on equity of 45.17%. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.69 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.