Shares of Caravelle International Group (NASDAQ:CACO – Get Free Report) dropped 5.1% during trading on Monday . The stock traded as low as $5.95 and last traded at $7.21. Approximately 137,198 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 114,005 shares. The stock had previously closed at $7.60.
Caravelle International Group Price Performance
The firm’s 50-day moving average price is $0.38 and its 200-day moving average price is $1.27.
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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