TravelSky Technology (OTCMKTS:TSYHY) Hits New 12-Month Low – What’s Next?

TravelSky Technology Ltd. (OTCMKTS:TSYHYGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as $11.6209 and last traded at $11.6209, with a volume of 1032 shares. The stock had previously closed at $12.0245.

TravelSky Technology Price Performance

The stock’s 50 day moving average price is $12.77 and its 200 day moving average price is $13.36. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.04 and a current ratio of 3.05.

About TravelSky Technology

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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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