Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Down - Should You Sell?

Key Points

• AVIFY gapped down before the market on Thursday, opening at $10.1144 after a prior close of $11.25, though the last trade printed $11.0830 on very light volume (220 shares).
• Quarterly beat and strong profitability: AIS reported $0.14 EPS versus a $0.13 consensus, with a 21.21% net margin and a 49.06% return on equity.
• Valuation, liquidity and technicals: Market cap ~ $32.22B, P/E 22.11, beta 0.07, debt/equity 0.73, weak current/quick ratios (0.52/0.48), and 50-/200-day moving averages of $11.34 and $10.63.

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $11.25, but opened at $10.1144. Advanced Info Service Public shares last traded at $11.0830, with a volume of 220 shares traded.

Advanced Info Service Public Trading Up 1.2%

The company has a market cap of $32.22 billion, a price-to-earnings ratio of 22.11 and a beta of 0.07. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 0.73. The firm's 50-day moving average price is $11.34 and its 200 day moving average price is $10.63.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. Advanced Info Service Public had a net margin of 21.21% and a return on equity of 49.06%.

Advanced Info Service Public Company Profile

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.

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