Caravelle International Group (NASDAQ:CACO – Get Free Report) was down 8.8% during mid-day trading on Thursday . The company traded as low as $1.15 and last traded at $1.19. Approximately 74,983 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 114,005 shares. The stock had previously closed at $1.30.
Caravelle International Group Trading Up 9.6 %
The stock’s 50-day simple moving average is $0.89 and its 200-day simple moving average 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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