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Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down - Here's Why

Advanced Info Service Public logo with Computer and Technology background

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $8.86, but opened at $7.41. Advanced Info Service Public shares last traded at $7.41, with a volume of 241 shares traded.

Advanced Info Service Public Trading Down 16.4%

The business has a 50 day moving average price of $8.74 and a 200-day moving average price of $8.55. The firm has a market capitalization of $22.04 billion, a PE ratio of 21.17 and a beta of 0.35.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.19 by ($3.09). The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $53.83 billion. Advanced Info Service Public had a return on equity of 40.64% and a net margin of 17.19%.

About Advanced Info Service Public

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Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.

Further Reading

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