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

TravelSky Technology logo with Computer and Technology background

Key Points

  • TravelSky Technology's shares experienced a significant trading volume increase of 761%, with approximately 19,392 shares changing hands on Tuesday.
  • The company's stock price fell by 1.0%, closing at $15.99, after previously closing at $16.47.
  • TravelSky Technology announced a new dividend of $0.2797 to be paid on October 8th, reflecting an increase from its previous dividend of $0.18.
  • MarketBeat previews top five stocks to own in September.

TravelSky Technology Ltd. (OTCMKTS:TSYHY - Get Free Report) shares saw strong trading volume on Tuesday . 19,392 shares were traded during mid-day trading, an increase of 761% from the previous session's volume of 2,251 shares.The stock last traded at $15.99 and had previously closed at $16.47.

TravelSky Technology Price Performance

The firm's 50 day simple moving average is $14.48 and its 200-day simple moving average is $14.02.

TravelSky Technology Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, June 19th will be paid a $0.2797 dividend. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a yield of 201.0%. This is an increase from TravelSky Technology's previous dividend of $0.18.

TravelSky Technology Company Profile

(Get Free Report)

TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industries in the People's Republic of China. It primarily offers aviation information technology (AIT), distribution information technology, accounting, settlement, and clearing services.

See Also

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