TravelSky Technology (OTCMKTS:TSYHY) Stock Price Down 1.8% - Should You Sell?

Key Points

• TravelSky Technology Ltd.'s share price declined by 1.8% to $16.00 while trading volume increased slightly to 2,629 shares.
• The company has declared a new dividend of $0.2797, up from $0.18, representing a yield of 2.01% and set to be paid on October 8th.
• TravelSky Technology provides IT solutions for the aviation and travel industries in China, focusing on services such as aviation information technology and accounting.

Shares of TravelSky Technology Ltd. (OTCMKTS:TSYHY - Get Free Report) fell 1.8% during mid-day trading on Wednesday . The stock traded as low as $16.00 and last traded at $16.00. 2,629 shares were traded during mid-day trading, an increase of 2% from the average session volume of 2,586 shares. The stock had previously closed at $16.30.

TravelSky Technology Trading Up 1.5%

The stock's fifty day moving average is $14.48 and its two-hundred day moving average is $14.02.

TravelSky Technology Increases Dividend

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

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.