Shares of XCHG Limited (NASDAQ:XCH - Get Free Report) fell 2.9% during mid-day trading on Thursday . The company traded as low as $1.32 and last traded at $1.33. 28,830 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 229,707 shares. The stock had previously closed at $1.37.
XCHG Stock Down 3.3%
The stock's 50 day moving average is $1.37 and its 200-day moving average is $1.33.
Institutional Investors Weigh In On XCHG
A hedge fund recently bought a new stake in XCHG stock. XTX Topco Ltd purchased a new position in shares of XCHG Limited (NASDAQ:XCH - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 46,520 shares of the company's stock, valued at approximately $58,000.
About XCHG
(
Get Free Report)
XCHG Limited engages in designing, manufacturing, and selling of electric vehicle (EV) chargers under the X-Charge brand name in Europe, the People's Republic of China, and internationally. The company offers direct current (DC) fast chargers under the C6 series and C7 series; and battery-integrated DC fast chargers under the Net Zero series, as well as software system upgrades and hardware maintenance services.
See Also
Before you consider XCHG, 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 XCHG wasn't on the list.
While XCHG currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
