Advanced Info Service Public (OTCMKTS:AVIFY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) saw unusually-high trading volume on Tuesday . 82,580 shares changed hands during mid-day trading, an increase of 2,104% from the previous session’s volume of 3,747 shares.The stock last traded at $10.59 and had previously closed at $10.8850.

Advanced Info Service Public Stock Performance

The company’s 50-day moving average price is $11.42 and its 200 day moving average price is $11.33. 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 stock has a market capitalization of $31.70 billion, a PE ratio of 19.04 and a beta of 0.04.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings results on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. Advanced Info Service Public had a net margin of 23.42% and a return on equity of 50.07%. The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations 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 company. It provides mobile communications services, including voice and data connectivity, through nationwide cellular networks supporting technologies such as 4G and 5G.

The company also offers fixed broadband internet under the AIS Fibre brand, as well as digital entertainment and related consumer services. For businesses and organizations, AIS provides enterprise connectivity, information and communications technology solutions, cloud services, data center services, and other digital solutions.

AIS was established in Thailand in 1986 and has developed into one of the country’s leading telecommunications providers.