Advanced Info Service Public (OTCMKTS:AVIFY) Trading Down 8.2% – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price dropped 8.2% during mid-day trading on Wednesday . The company traded as low as $10.80 and last traded at $10.80. Approximately 2,100 shares changed hands during trading, a decline of 58% from the average daily volume of 5,012 shares. The stock had previously closed at $11.7625.

Advanced Info Service Public Price Performance

The stock has a market capitalization of $32.12 billion, a price-to-earnings ratio of 22.04 and a beta of 0.17. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.73. The business’s 50 day simple moving average is $11.71 and its 200-day simple moving average is $10.44.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $1.85 billion for the quarter. Advanced Info Service Public had a net margin of 21.21% and a return on equity of 49.06%.

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.