Advanced Info Service Public (OTCMKTS:AVIFY) Sees Large Volume Increase – Here’s Why

Advanced Info Service Public Co. (OTCMKTS:AVIFY) shares saw unusually-strong trading volume on Friday . Approximately 107,395 shares were traded during trading, an increase of 2,730% from the previous session’s volume of 3,795 shares.The stock last traded at $10.98 and had previously closed at $11.28.

Advanced Info Service Public Trading Up 0.5%

The business’s fifty day simple moving average is $11.11 and its two-hundred day simple moving average is $10.79. The company has a market cap of $32.65 billion, a price-to-earnings ratio of 20.72 and a beta of 0.07. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 0.73.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its 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 business 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.