Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Still a Buy?

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.03, but opened at $11.6580. Advanced Info Service Public shares last traded at $10.15, with a volume of 921 shares changing hands.

Advanced Info Service Public Trading Up 0.4%

The firm has a market cap of $35.39 billion, a PE ratio of 22.45 and a beta of 0.06. The firm has a fifty day simple moving average of $11.04 and a two-hundred day simple moving average of $10.94. The company has a current ratio of 0.89, a quick ratio of 0.86 and a debt-to-equity ratio of 0.90.

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

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.