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

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report)'s share price gapped down prior to trading 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.

Advanced Info Service Public Stock Down 3.1%

The stock has a 50 day moving average of $8.75 and a 200 day moving average of $8.53. The company has a market capitalization of $21.35 billion, a price-to-earnings ratio of 20.51 and a beta of 0.35.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $3.19 by ($3.09). The company had revenue of $1.72 billion during 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%.

Advanced Info Service Public Company Profile

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.