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

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $9.9650, but opened at $10.20. Advanced Info Service Public shares last traded at $10.20, with a volume of 416 shares.

Advanced Info Service Public Stock Up 2.4%

The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 2.37. The stock has a 50-day moving average of $10.88 and a 200-day moving average of $11.12. The firm has a market cap of $30.33 billion, a price-to-earnings ratio of 18.21 and a beta of 0.07.

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

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited, commonly known as AIS, is a Thailand-based telecommunications company that provides mobile communications and digital connectivity services. The company operates under the AIS brand and serves individual, business and government customers across Thailand.

AIS offers mobile voice and data services, including 4G and 5G connectivity, along with prepaid and postpaid plans. Its business also includes fixed-line broadband through AIS Fibre, enterprise communications, cloud and information technology solutions, data center services, and other digital products such as entertainment and online content.

Founded in 1986, AIS developed from a mobile telephone operator into an integrated communications and digital services provider.