Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped down prior to trading on Monday . The stock had previously closed at $12.29, but opened at $11.18. Advanced Info Service Public shares last traded at $11.18, with a volume of 689 shares trading hands.

Advanced Info Service Public Stock Performance

The company has a market capitalization of $33.25 billion, a PE ratio of 19.96 and a beta of 0.06. The company has a 50 day moving average of $11.47 and a two-hundred day moving average of $11.44. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.89 and a quick ratio of 0.86.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings data on Friday, August 7th. The technology company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.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 (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.