iDreamSky Technology Ltd (DSKY) Sees Unusually-High Trading Volume
Shares of iDreamSky Technology Ltd (NASDAQ:DSKY) saw an uptick in trading volume on Tuesday . 101,396 shares changed hands during mid-day trading, an increase of 84% from the previous session’s volume of 55,106 shares.The stock last traded at $13.62 and had previously closed at $13.60.
The firm has a 50-day moving average of $13.53 and a 200 day moving average of $13.60. The firm has a market cap of $617.04 million and a PE ratio of 87.31.
iDreamSky Technology Limited is a holding company. The Company, through its subsidiaries, and its variable interest entities (VIEs) is principally engaged in the licensing and operating of single player mobile games and mobile online games (the listing business) in the People’s Republic of China. The Company is an independent mobile game publishing platform in China.