High-Trend International Appoints New Director Amid Leadership Changes

Caravelle International ( (HTCO) ) has shared an update.

On June 3, 2025, High-Trend International Group announced the resignation of Mr. Christopher Renn as an independent director and chairman of the Compensation Committee, with no disagreements cited. Mr. Brian B. Su, a seasoned international business advisor and compliance expert, was appointed as the new independent director and chairman of the Compensation Committee. Mr. Su’s extensive experience in cross-border investment and regulatory strategy is expected to enhance the company’s governance and strategic direction as it continues to expand globally.

Spark’s Take on HTCO Stock

According to Spark, TipRanks’ AI Analyst, HTCO is a Underperform.

The overall stock score reflects severe financial challenges and high leverage, offset by some positive technical indicators. The lack of positive earnings call insights and unattractive valuation further contribute to a low score. Strategic restructuring is needed to improve financial health.

To see Spark’s full report on HTCO stock, click here.

More about Caravelle International

High-Trend International Group is a Nasdaq-listed global shipping and logistics company focused on sustainable maritime solutions, global infrastructure services, and international trade. The company is committed to driving innovation and operational excellence in ocean-based transportation and logistics.

Average Trading Volume: 897,924

Technical Sentiment Signal: Sell

Current Market Cap: $30.71M

For an in-depth examination of HTCO stock, go to TipRanks’ Stock Analysis page.