Advanced Info Service Public (OTCMKTS:AVIFY) Stock Price Up 14.2% – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price rose 14.2% on Monday . The stock traded as high as $11.4496 and last traded at $11.4496. Approximately 637 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 5,035 shares. The stock had previously closed at $10.03.

Advanced Info Service Public Trading Up 0.0%

The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.90. The company has a market cap of $35.24 billion, a P/E ratio of 22.36 and a beta of 0.06. The firm’s 50 day moving average is $11.04 and its two-hundred day moving average is $10.94.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 48.34%. The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.75 billion.

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.