Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – What’s Next?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up before the market opened on Thursday . The stock had previously closed at $9.76, but opened at $10.53. Advanced Info Service Public shares last traded at $10.53, with a volume of 175 shares changing hands.

Advanced Info Service Public Price Performance

The firm has a market cap of $31.32 billion, a PE ratio of 18.80 and a beta of 0.04. The company has a current ratio of 0.40, a quick ratio of 0.86 and a debt-to-equity ratio of 2.37. The company has a 50 day moving average price of $11.30 and a 200 day moving average price of $11.26.

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 for the quarter, meeting analysts’ consensus estimates of $0.14. Advanced Info Service Public had a return on equity of 57.49% and a net margin of 23.42%.The business had revenue of $1.71 billion during 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.