TravelSky Technology (OTCMKTS:TSYHY) Shares Gap Down – What’s Next?

TravelSky Technology Ltd. (OTCMKTS:TSYHY) gapped down before the market opened on Tuesday . The stock had previously closed at $13.61, but opened at $13.18. TravelSky Technology shares last traded at $13.1750, with a volume of 3,051 shares.

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 50 day moving average price of $13.70 and a 200 day moving average price of $14.16.

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.