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XCHG (NASDAQ:XCH) Trading Up 5.3% - Still a Buy?

XCHG logo with Computer and Technology background
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XCHG Limited (NASDAQ:XCH - Get Free Report) was up 5.3% on Monday . The stock traded as high as $1.34 and last traded at $1.29. Approximately 186,087 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 362,368 shares. The stock had previously closed at $1.22.

XCHG Stock Up 1.7 %

The firm's 50-day simple moving average is $1.33.

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

Institutional Trading of XCHG

A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC bought a new stake in XCHG Limited (NASDAQ:XCH - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 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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