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

XCHG logo with Computer and Technology background
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Shares of XCHG Limited (NASDAQ:XCH - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $1.20, but opened at $1.23. XCHG shares last traded at $1.22, with a volume of 537 shares trading hands.

XCHG Trading Up 2.7 %

The company has a fifty day moving average price of $1.21 and a 200 day moving average price of $8.57.

Institutional Investors Weigh In On XCHG

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

Further Reading

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