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

Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped down before the market opened on Friday . The stock had previously closed at $9.95, but opened at $9.3940. Advanced Info Service Public shares last traded at $10.0260, with a volume of 378 shares changing hands.

Advanced Info Service Public Price Performance

The firm’s fifty day moving average price is $9.77 and its 200-day moving average price is $9.43. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.34 and a quick ratio of 0.31.

Advanced Info Service Public (OTCMKTS:AVIFY) last posted its earnings results on Friday, November 7th. The technology company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. Advanced Info Service Public had a net margin of 19.22% and a return on equity of 45.17%. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.69 billion.

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.