Caravelle International Group (NASDAQ:CACO) Stock Price Down 15.4% – Should You Sell?

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

Caravelle International Group Trading Up 2.4 %

The stock’s fifty day simple moving average is $2.03 and its 200-day simple moving average is $1.06.

Caravelle International Group Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Caravelle International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caravelle International Group and related companies with MarketBeat.com's FREE daily email newsletter.