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Caravelle International Group (NASDAQ:HTCO) Shares Down 9.9% - Should You Sell?

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.
  • Five stocks to consider instead of Caravelle International Group.

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

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on HTCO

Caravelle International Group Stock Up 0.2%

The stock has a fifty day moving average price of $6.00 and a 200-day moving average price of $29.99.

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.

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