TravelSky Technology (OTCMKTS:TSYHY) Stock Price Up 8.5% - Still a Buy?

Key Points

• TravelSky Technology Ltd.'s stock increased by 8.5% in trading, reaching a last traded price of $13.63, significantly up from the previous close of $12.56.
• Approximately 163,093 shares were traded, marking an increase of 8,123% compared to its average daily volume of 1,983 shares.
• The company has a low debt-to-equity ratio of 0.02, indicating strong financial health, along with a current ratio of 3.03 and quick ratio of 3.02.

Shares of TravelSky Technology Ltd. (OTCMKTS:TSYHY - ) rose 8.5% during trading on Monday . The stock traded as high as $13.89 and last traded at $13.63. Approximately 163,093 shares changed hands during mid-day trading, an increase of 8,123% from the average daily volume of 1,983 shares. The stock had previously closed at $12.56.

TravelSky Technology Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 3.03 and a quick ratio of 3.02. The company's 50 day moving average is $14.05 and its 200 day moving average is $14.32.

About TravelSky Technology

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.

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