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

Advanced Info Service Public Co. (OTCMKTS:AVIFY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $11.5550, but opened at $10.70. Advanced Info Service Public shares last traded at $10.70, with a volume of 120 shares.

Advanced Info Service Public Stock Down 7.4%

The firm has a market capitalization of $31.82 billion, a P/E ratio of 19.11 and a beta of 0.06. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The business’s fifty day moving average price is $11.58 and its two-hundred day moving average price is $11.45.

Advanced Info Service Public (OTCMKTS:AVIFY) last issued its quarterly earnings data on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 50.07%. The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.70 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.