Advanced Info Service Public (OTCMKTS:AVIFY) Shares Down 8.3% – Should You Sell?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) dropped 8.3% during mid-day trading on Wednesday . The company traded as low as $11.28 and last traded at $11.28. Approximately 369 shares traded hands during trading, a decline of 90% from the average daily volume of 3,750 shares. The stock had previously closed at $12.30.

Advanced Info Service Public Stock Performance

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.52 and a quick ratio of 0.48. The business has a 50-day simple moving average of $11.11 and a 200-day simple moving average of $10.79. The firm has a market capitalization of $33.75 billion, a PE ratio of 21.42 and a beta of 0.07.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Advanced Info Service Public had a return on equity of 51.22% and a net margin of 22.29%.The business had revenue of $1.81 billion for the quarter, compared to the consensus estimate 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.