Globavend (NASDAQ:GVH) Stock Price Down 4.8% – What’s Next?

Globavend Holdings Limited (NASDAQ:GVHGet Free Report) shares dropped 4.8% during trading on Friday . The company traded as low as $0.79 and last traded at $0.80. Approximately 12,203 shares changed hands during trading, a decline of 94% from the average daily volume of 207,238 shares. The stock had previously closed at $0.84.

Globavend Stock Performance

The stock has a 50 day simple moving average of $0.69 and a 200 day simple moving average of $0.99.

Globavend Company Profile

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Globavend Holdings Limited, together with its subsidiaries, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. The company's services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery.

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