Advanced Info Service Public (OTCMKTS:AVIFY) Shares Up 14% – Should You Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares rose 14% during trading on Monday . The stock traded as high as $9.95 and last traded at $9.95. Approximately 418 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 2,727 shares. The stock had previously closed at $8.73.

Advanced Info Service Public Stock Performance

The stock has a fifty day simple moving average of $9.63 and a 200-day simple moving average of $9.37. The stock has a market cap of $31.23 billion, a P/E ratio of 23.14 and a beta of 0.17. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.31 and a current ratio of 0.34.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.69 billion. Advanced Info Service Public had a return on equity of 45.17% and a net margin of 19.22%.

Advanced Info Service Public Company Profile

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.