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

XCHG logo with Computer and Technology background
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XCHG Limited (NASDAQ:XCH - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $1.30, but opened at $1.26. XCHG shares last traded at $1.29, with a volume of 3,749 shares.

XCHG Trading Down 0.8 %

The company has a 50 day simple moving average of $1.20.

Institutional Investors Weigh In On XCHG

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

Further Reading

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