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XCHG (NASDAQ:XCH) Reaches New 52-Week Low - Should You Sell?

XCHG logo with Computer and Technology background

Shares of XCHG Limited (NASDAQ:XCH - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $0.94 and last traded at $1.04, with a volume of 483566 shares trading hands. The stock had previously closed at $1.06.

XCHG Stock Performance

The stock has a 50-day moving average price of $7.53.

XCHG (NASDAQ:XCH - Get Free Report) last released its quarterly earnings results on Friday, December 13th. The company reported ($0.08) earnings per share for the quarter.

Institutional Trading of XCHG

An institutional investor recently bought a new position in XCHG stock. HHM Wealth Advisors LLC acquired a new stake in XCHG Limited (NASDAQ:XCH - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 63,692 shares of the company's stock, valued at approximately $129,000.

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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