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XCHG (NASDAQ:XCH) Shares Gap Down - Here's What Happened

XCHG logo with Computer and Technology background
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XCHG Limited (NASDAQ:XCH - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $1.26, but opened at $1.22. XCHG shares last traded at $1.25, with a volume of 2,906 shares changing hands.

XCHG Stock Up 8.8 %

The company has a fifty day simple moving average of $1.23.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC purchased a new position in XCHG Limited (NASDAQ:XCH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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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