Caravelle International Group (NASDAQ:CACO) Shares Down 2.5% – Time to Sell?

Shares of Caravelle International Group (NASDAQ:CACOGet Free Report) dropped 2.5% during trading on Thursday . The stock traded as low as $0.21 and last traded at $0.21. 424,367 shares were traded during trading, an increase of 272% from the average session volume of 114,005 shares. The stock had previously closed at $0.21.

Caravelle International Group Price Performance

The business’s fifty day moving average price is $0.69 and its two-hundred day moving average price is $1.87.

Caravelle International Group Company Profile

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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.

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