XCHG Limited (NASDAQ:XCH - Get Free Report)'s stock price dropped 4.2% during trading on Tuesday . The company traded as low as $1.38 and last traded at $1.38. Approximately 843 shares traded hands during trading, a decline of 100% from the average daily volume of 264,877 shares. The stock had previously closed at $1.44.
XCHG Stock Performance
The stock has a 50-day moving average price of $1.27 and a 200 day moving average price of $4.52.
Institutional Investors Weigh In On XCHG
A hedge fund recently bought a new stake in XCHG stock. XTX Topco Ltd bought a new stake in shares of XCHG Limited (NASDAQ:XCH - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 46,520 shares of the company's stock, valued at approximately $58,000.
About XCHG
(
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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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