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

TravelSky Technology Ltd. (OTCMKTS:TSYHY) shares fell 3.9% during mid-day trading on Monday . The stock traded as low as $13.6110 and last traded at $13.6110. 3,568 shares traded hands during mid-day 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 business has a 50-day simple moving average of $13.64 and a two-hundred day simple moving average of $14.18. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.02 and a current ratio of 3.03.

TravelSky Technology Company Profile

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.