Yes, you can move Folders as well as individual files.


Moving Folders:


To move a Folder and all of its contents, click on the Folder that you want to move, then click > Actions > Move.

Library Folder Tile View 


You'll then select the Folder's new location from the dropdown menu. 

Move Folder Window

 

Moving Files:


Select the checkbox next to the item(s) that you want to move > Actions > Move. You'll then select the file's new location from the dropdown menu. 

Library - List View 


Library - Large Tile View