XCHG Limited (NASDAQ:XCH - Get Free Report) was up 3.4% during mid-day trading on Wednesday . The stock traded as high as $1.53 and last traded at $1.50. Approximately 63,128 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 245,458 shares. The stock had previously closed at $1.45.
XCHG Stock Down 2.7%
The company's fifty day simple moving average is $1.33 and its 200-day simple moving average is $2.56.
Hedge Funds Weigh In On XCHG
A hedge fund recently bought a new stake in XCHG stock. XTX Topco Ltd purchased a new position in XCHG Limited (NASDAQ:XCH - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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.
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