Cebu Air, Inc. (OTCMKTS:CEBUF – Get Free Report) was down 5% during mid-day trading on Tuesday. The company traded as low as $0.3802 and last traded at $0.3802. 1,000 shares changed hands during trading, an increase of 36% from the average daily volume of 733 shares. The stock had previously closed at $0.40.
Cebu Air Stock Performance
The company has a 50-day moving average price of $0.46 and a 200-day moving average price of $0.26.
Cebu Air Company Profile
Cebu Air, Inc is a Philippine-based airline holding company best known for operating Cebu Pacific, a low-cost carrier serving domestic and international markets. The company provides scheduled passenger air transportation and air cargo services, with a focus on affordable fares, extensive route coverage and high aircraft utilization.
Cebu Pacific began commercial operations in 1996 and has grown into one of the Philippines’ major airlines. Through Cebu Pacific and its regional subsidiary Cebgo, Cebu Air serves destinations across the Philippines and selected cities in Asia and other international markets.
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