Advanced Info Service Public (OTCMKTS:AVIFY) Shares Up 11.4% – Here’s What Happened

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shot up 11.4% during mid-day trading on Thursday . The company traded as high as $12.51 and last traded at $12.51. 250 shares were traded during trading, a decline of 94% from the average session volume of 4,064 shares. The stock had previously closed at $11.23.

Advanced Info Service Public Trading Up 11.4%

The firm has a market cap of $37.20 billion, a P/E ratio of 22.34 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86. The stock has a 50 day moving average of $11.41 and a 200 day moving average of $11.42.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.The firm had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.70 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.