Free Trial

Caravelle International Group (NASDAQ:HTCO) Stock Price Down 5.1% - Should You Sell?

Caravelle International Group logo with Business Services background

Key Points

  • Caravelle International Group shares fell 5.1% on Monday, closing at $7.21 after trading as low as $5.95.
  • Trading volume increased by 20% to approximately 137,198 shares, compared to the average daily volume of 114,005 shares.
  • The company provides ocean transportation services and operates in two segments: Ocean Transportation and Heating Business, including carbon-neutral shipping solutions.
  • Looking to export and analyze Caravelle International Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Caravelle International Group (NASDAQ:HTCO - Get Free Report)'s stock price was down 5.1% during trading on Monday . The stock traded as low as $5.95 and last traded at $7.21. Approximately 137,198 shares traded 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.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Caravelle International Group to a "hold" rating in a research note on Saturday, August 9th.

Check Out Our Latest Stock Report on HTCO

Caravelle International Group Price Performance

The company's 50 day simple moving average is $5.97 and its 200 day simple moving average is $28.35.

About Caravelle International Group

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Caravelle International Group Right Now?

Before you consider Caravelle International Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caravelle International Group wasn't on the list.

While Caravelle International Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines