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XCHG (NASDAQ:XCH) Shares Gap Down - Should You Sell?

XCHG logo with Computer and Technology background

XCHG Limited (NASDAQ:XCH - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $1.25, but opened at $1.19. XCHG shares last traded at $1.23, with a volume of 1,177 shares changing hands.

XCHG Trading Up 1.6 %

The business has a 50-day moving average price of $1.22 and a 200-day moving average price of $7.15.

Hedge Funds Weigh In On XCHG

A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC acquired a new position in shares of XCHG Limited (NASDAQ:XCH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 63,692 shares of the company's stock, valued at approximately $129,000.

XCHG Company Profile

(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.

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