Caravelle International Group (NASDAQ:CACO) Trading 6.8% Higher – What’s Next?

Caravelle International Group (NASDAQ:CACOGet Free Report) shares rose 6.8% on Thursday . The company traded as high as $2.65 and last traded at $2.35. Approximately 514,050 shares were traded during trading, an increase of 351% from the average daily volume of 114,005 shares. The stock had previously closed at $2.20.

Caravelle International Group Stock Performance

The business’s 50 day moving average price is $1.38 and its two-hundred day moving average price is $0.83.

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.

Further Reading

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