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

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down before the market opened on Friday . The stock had previously closed at $11.7716, but opened at $10.8750. Advanced Info Service Public shares last traded at $10.1160, with a volume of 655 shares trading hands.

Advanced Info Service Public Stock Down 14.1%

The company has a market capitalization of $30.08 billion, a PE ratio of 19.09 and a beta of 0.06. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.48 and a current ratio of 0.52. The stock’s 50 day moving average is $11.17 and its 200 day moving average is $10.87.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.75 billion. Advanced Info Service Public had a net margin of 22.29% and a return on equity of 51.22%.

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.