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

Advanced Info Service Public Co. (OTCMKTS:AVIFY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $7.18, but opened at $8.33. Advanced Info Service Public shares last traded at $8.33, with a volume of 500 shares changing hands.

Advanced Info Service Public Stock Performance

The stock's fifty day simple moving average is $8.76 and its two-hundred day simple moving average is $8.54. The company has a market cap of $26.17 billion, a price-to-earnings ratio of 25.14 and a beta of 0.35.

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

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.