Caravelle International Group (NASDAQ:CACO – Get Free Report) fell 8.8% during trading on Thursday . The stock traded as low as $1.15 and last traded at $1.19. 74,983 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 114,005 shares. The stock had previously closed at $1.30.
Caravelle International Group Stock Down 8.8 %
The company’s 50 day moving average price is $0.88 and its 200 day moving average price is $0.72.
About Caravelle International Group
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.
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