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Caravelle International Group (NASDAQ:HTCO) Stock Price Down 9.9% - What's Next?

Caravelle International Group logo with Business Services background

Key Points

  • Caravelle International Group shares fell by 9.9% on Friday, closing at $6.84 after trading as low as $6.19.
  • The company's stock has declined 19.3% over a certain unspecified period, highlighting ongoing challenges.
  • Caravelle provides ocean transportation services, operating internationally with a focus on carbon-neutral solutions.
  • Want stock alerts on Caravelle International Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Caravelle International Group (NASDAQ:HTCO - Get Free Report) traded down 9.9% during mid-day trading on Friday . The company traded as low as $6.19 and last traded at $6.84. 28,299 shares traded hands during trading, a decline of 12% from the average session volume of 32,341 shares. The stock had previously closed at $7.60.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on HTCO

Caravelle International Group Stock Performance

The stock's 50-day moving average price is $0.38 and its 200-day moving average price is $1.29.

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 Ocean Transportation and Heating Business segments. It provides international shipping services and carbon-neutral solutions for wood desiccation.

See Also

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