Caravelle International Group (NASDAQ:CACO) Trading 4% Higher – Time to Buy?

Caravelle International Group (NASDAQ:CACOGet Free Report)’s share price shot up 4% on Friday . The company traded as high as $1.25 and last traded at $1.04. 263,200 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 114,005 shares. The stock had previously closed at $1.00.

Caravelle International Group Price Performance

The stock’s 50-day moving average is $2.67 and its two-hundred day moving average is $1.93.

Caravelle International Group Company Profile

(Get Free Report)

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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