Shares of XCHG Limited (NASDAQ:XCH – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $1.32, but opened at $1.37. XCHG shares last traded at $1.34, with a volume of 5,237 shares.
XCHG Stock Performance
The stock has a fifty day simple moving average of $1.25 and a 200-day simple moving average of $5.60.
Hedge Funds Weigh In On XCHG
An institutional investor recently bought a new position in XCHG stock. HHM Wealth Advisors LLC purchased a new position in shares of XCHG Limited (NASDAQ:XCH – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 63,692 shares of the company’s stock, valued at approximately $129,000.
XCHG Company Profile
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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