Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Up 6.2% – Should You Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares were up 6.2% during mid-day trading on Wednesday . The company traded as high as $10.37 and last traded at $10.37. 1,518 shares traded hands during trading, a decline of 68% from the average daily volume of 4,705 shares. The stock had previously closed at $9.76.

Advanced Info Service Public Price Performance

The stock has a market cap of $30.84 billion, a PE ratio of 18.52 and a beta of 0.04. The company has a quick ratio of 0.86, a current ratio of 0.40 and a debt-to-equity ratio of 2.37. The company’s fifty day moving average is $11.32 and its 200 day moving average is $11.27.

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 (EPS) for the quarter, hitting the consensus estimate of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 57.49%. The company had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.70 billion.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS:AVIFY), commonly known as AIS, is a Thailand-based telecommunications company. It provides mobile communications services, including voice and data connectivity, through nationwide cellular networks supporting technologies such as 4G and 5G.

The company also offers fixed broadband internet under the AIS Fibre brand, as well as digital entertainment and related consumer services. For businesses and organizations, AIS provides enterprise connectivity, information and communications technology solutions, cloud services, data center services, and other digital solutions.

AIS was established in Thailand in 1986 and has developed into one of the country’s leading telecommunications providers.