Caravelle International Group (NASDAQ:CACO) Trading Down 15.4% – What’s Next?

Caravelle International Group (NASDAQ:CACOGet Free Report)’s stock price was down 15.4% during mid-day trading on Friday . The company traded as low as $2.40 and last traded at $2.97. Approximately 146,661 shares were traded during mid-day trading, an increase of 29% from the average daily volume of 114,005 shares. The stock had previously closed at $3.51.

Caravelle International Group Price Performance

The business has a 50 day moving average price of $1.99 and a 200-day moving average price of $1.04.

About Caravelle International Group

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Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation.

Further Reading

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