Cebu Air (OTCMKTS:CEBUY) Shares Up 46.7% – Should You Buy?

Shares of Cebu Air, Inc. (OTCMKTS:CEBUYGet Free Report) rose 46.7% during trading on Thursday . The company traded as high as $2.20 and last traded at $2.20. Approximately 100 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,050 shares. The stock had previously closed at $1.50.

Cebu Air Trading Up 46.7%

The business’s 50-day moving average is $1.74 and its two-hundred day moving average is $1.81.

About Cebu Air

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Cebu Air, Inc, an airline, provides international and domestic air transportation services. The company offers scheduled air travel services to passengers, as well as airport-to-airport cargo services on its domestic and international routes. It also provides ancillary services, such as cancellation and rebooking options; in-flight merchandising, including sale of duty-free products on international flights; baggage services; and travel-related products and services.

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