Advanced Info Service Public (OTCMKTS:AVIFY) Trading 5.5% Higher – Still a Buy?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) shot up 5.5% during mid-day trading on Monday . The company traded as high as $11.07 and last traded at $11.07. Approximately 421 shares traded hands during trading, a decline of 89% from the average daily volume of 3,822 shares. The stock had previously closed at $10.49.

Advanced Info Service Public Trading Up 1.2%

The business has a fifty day moving average price of $11.55 and a 200 day moving average price of $11.45. The company has a market capitalization of $31.58 billion, a PE ratio of 18.96 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89.

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

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.