Caravelle International Group (NASDAQ:HTCO) Stock Price Up 5% – Time to Buy?

Caravelle International Group (NASDAQ:HTCO) was up 5% on Monday . The stock traded as high as $11.30 and last traded at $10.71. Approximately 32,222 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 100,165 shares. The stock had previously closed at $10.20.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Caravelle International Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Caravelle International Group Stock Up 5.0%

The stock’s 50 day moving average is $10.90 and its 200-day moving average is $8.62.

Caravelle International Group Company Profile

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through Ocean Transportation and Heating Business segments. It provides international shipping services and carbon-neutral solutions for wood desiccation. Caravelle International Group also provides seaborne transportation services under the voyage contracts. The company provides vessel services on behalf of ship owners. Caravelle International Group is headquartered in Singapore.