TravelSky Technology (OTCMKTS:TSYHY) Shares Down 3.9% – Here’s Why

Shares of TravelSky Technology Ltd. (OTCMKTS:TSYHYGet Free Report) traded down 3.9% during mid-day trading on Monday . The company traded as low as $13.6110 and last traded at $13.6110. 3,568 shares were traded during trading, an increase of 16% from the average session volume of 3,065 shares. The stock had previously closed at $14.1650.

TravelSky Technology Price Performance

The company has a quick ratio of 3.02, a current ratio of 3.03 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average price of $13.68 and a 200 day moving average price of $14.17.

About TravelSky Technology

(Get Free Report)

TravelSky Technology Limited is a leading provider of information technology solutions for the air travel industry in the People’s Republic of China. Established in 2001 through an asset reorganization of aviation IT operations previously overseen by the Civil Aviation Administration of China, the company has developed a comprehensive platform for airline reservation, distribution and related services. TravelSky’s technology underpins the vast majority of domestic air ticketing in China and supports a growing number of international carriers and travel agencies.

The company’s core offerings include a passenger service system (PSS) that manages reservation and ticketing processes, as well as an electronic distribution network that connects airlines with travel agents, corporate accounts and online channels.

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