Advanced Info Service Public (OTCMKTS:AVIFY) Trading Up 10.9% – Time to Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares shot up 10.9% on Tuesday . The stock traded as high as $12.30 and last traded at $12.30. 525 shares were traded during trading, a decline of 86% from the average session volume of 3,839 shares. The stock had previously closed at $11.0950.

Advanced Info Service Public Stock Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.48 and a current ratio of 0.52. The stock has a market cap of $32.51 billion, a price-to-earnings ratio of 20.62 and a beta of 0.07. The company’s 50 day simple moving average is $11.11 and its 200 day simple moving average is $10.79.

Advanced Info Service Public (OTCMKTS:AVIFY) last released its earnings results on Thursday, May 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.75 billion. Advanced Info Service Public had a return on equity of 51.22% and a net margin of 22.29%.

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.