Shares of XCHG Limited (NASDAQ:XCH - Get Free Report) were up 8.2% on Wednesday . The company traded as high as $1.32 and last traded at $1.32. Approximately 31,831 shares traded hands during trading, a decline of 90% from the average daily volume of 306,801 shares. The stock had previously closed at $1.22.
XCHG Stock Performance
The firm's 50 day moving average is $1.23 and its 200 day moving average is $7.56.
Hedge Funds Weigh In On XCHG
A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC purchased a new stake in shares of XCHG Limited (NASDAQ:XCH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 63,692 shares of the company's stock, valued at approximately $129,000.
XCHG Company Profile
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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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