Cebu Air (OTCMKTS:CEBUY) Trading Up 69.3% – Here’s What Happened

Cebu Air, Inc. (OTCMKTS:CEBUYGet Free Report)’s stock price was up 69.3% during trading on Thursday . The stock traded as high as $2.54 and last traded at $2.54. Approximately 500 shares were traded during trading, a decline of 52% from the average daily volume of 1,050 shares. The stock had previously closed at $1.50.

Cebu Air Price Performance

The firm has a 50-day moving average price of $2.21 and a two-hundred day moving average price of $2.01.

About Cebu Air

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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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