Cebu Air, Inc. (OTCMKTS:CEBUY – Get Free Report) shot up 11.9% during mid-day trading on Monday . The company traded as high as $2.25 and last traded at $2.25. Approximately 100 shares traded hands during trading, a decline of 33% from the average session volume of 150 shares. The stock had previously closed at $2.01.
Cebu Air Stock Performance
The firm’s 50 day moving average price is $2.52 and its 200-day moving average price is $2.53.
About Cebu Air
Cebu Air, Inc, operating under the brand name Cebu Pacific, is the largest low-cost carrier in the Philippines, providing both passenger and cargo air transport services. The airline’s network encompasses a mix of domestic routes linking major Philippine cities with international connections to key destinations in Southeast Asia, Northeast Asia, the Middle East and Australia. Cebu Pacific’s product offering extends beyond basic airfare to include ancillary services such as seat selection, excess baggage, in-flight meals, and its GetGo loyalty program, designed to enhance the travel experience and generate ancillary revenue streams.
Founded in 1988 by John Gokongwei Jr.
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