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

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down prior to trading on Wednesday . The stock had previously closed at $11.8490, but opened at $11.00. Advanced Info Service Public shares last traded at $11.00, with a volume of 425 shares.

Advanced Info Service Public Stock Performance

The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90. The company’s 50-day moving average is $11.05 and its two-hundred day moving average is $10.94. The stock has a market capitalization of $35.39 billion, a P/E ratio of 22.45 and a beta of 0.06.

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. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations 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.