Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Time to Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Thursday . The stock had previously closed at $9.76, but opened at $10.53. Advanced Info Service Public shares last traded at $10.53, with a volume of 175 shares.

Advanced Info Service Public Trading Up 1.5%

The business’s 50-day moving average price is $11.30 and its two-hundred day moving average price is $11.26. The company has a debt-to-equity ratio of 2.37, a current ratio of 0.40 and a quick ratio of 0.86. The firm has a market cap of $31.32 billion, a price-to-earnings ratio of 18.80 and a beta of 0.04.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. The firm had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.70 billion. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 57.49%.

About Advanced Info Service Public

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.