TravelSky Technology (OTCMKTS:TSYHY) Sees Large Volume Increase – Still a Buy?

TravelSky Technology Ltd. (OTCMKTS:TSYHY) saw strong trading volume on Tuesday . 8,375 shares traded hands during mid-day trading, an increase of 171% from the previous session’s volume of 3,095 shares.The stock last traded at $13.48 and had previously closed at $13.9290.

TravelSky Technology Stock Performance

The company has a current ratio of 3.03, a quick ratio of 3.02 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average of $13.66 and a 200 day moving average of $14.18.

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.