Cebu Air, Inc. (OTCMKTS:CEBUF – Get Free Report) shares were down 5% on Tuesday. The stock traded as low as $0.3802 and last traded at $0.3802. 1,000 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 733 shares. The stock had previously closed at $0.40.
Cebu Air Stock Down 5.0%
The company’s fifty day simple moving average is $0.47 and its 200-day simple moving average is $0.25.
About Cebu Air
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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