TravelSky Technology (OTCMKTS:TSYHY) Stock Price Down 0.9% - What's Next?

Key Points

• TravelSky Technology's stock price fell by 0.9%, trading at $15.25 after reaching a low of $15.11 during the day.
• The company recently increased its dividend to $0.2797, with a yield of 201.0%, which is a significant rise from the previous dividend of $0.18.
• The stock's trading volume was down by 65% compared to the average daily volume, indicating decreased investor activity.

TravelSky Technology Ltd. (OTCMKTS:TSYHY - Get Free Report) shares fell 0.9% on Thursday . The company traded as low as $15.11 and last traded at $15.25. 634 shares changed hands during trading, a decline of 65% from the average session volume of 1,804 shares. The stock had previously closed at $15.39.

TravelSky Technology Trading Down 2.9%

The business's fifty day moving average is $15.02 and its two-hundred day moving average is $14.46.

TravelSky Technology Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, June 19th will be issued a dividend of $0.2797 per share. This represents a yield of 201.0%. The ex-dividend date is Wednesday, June 18th. This is a positive change from TravelSky Technology's previous dividend of $0.18.

TravelSky Technology Company Profile

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.