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XCHG (NASDAQ:XCH) Shares Up 5.9% - Time to Buy?

XCHG logo with Computer and Technology background

Shares of XCHG Limited (NASDAQ:XCH - Get Free Report) traded up 5.9% on Wednesday . The company traded as high as $1.18 and last traded at $1.18. 33,110 shares traded hands during trading, a decline of 90% from the average session volume of 315,986 shares. The stock had previously closed at $1.11.

XCHG Trading Up 1.1 %

The firm's 50-day moving average price is $1.22 and its two-hundred day moving average price is $8.04.

Institutional Investors Weigh In On XCHG

A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC purchased a new stake in XCHG Limited (NASDAQ:XCH - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. 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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