Shares of TravelSky Technology Ltd. (OTCMKTS:TSYHY – Get Free Report) were up 6.5% during trading on Wednesday . The company traded as high as $11.00 and last traded at $11.00. 561 shares changed hands during trading, a decline of 93% from the average daily volume of 7,965 shares. The stock had previously closed at $10.3250.
TravelSky Technology Stock Performance
The firm’s fifty day moving average is $11.33 and its 200 day moving average is $12.63. The company has a current ratio of 3.05, a quick ratio of 3.04 and a debt-to-equity ratio of 0.02.
About TravelSky Technology
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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