XCHG (NASDAQ:XCH) Shares Gap Down – Here’s What Happened

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $1.18, but opened at $1.12. XCHG shares last traded at $1.16, with a volume of 59,417 shares changing hands.

XCHG Stock Performance

The stock’s 50-day simple moving average is $10.06.

XCHG (NASDAQ:XCHGet Free Report) last issued its earnings results on Friday, December 13th. The company reported ($0.08) EPS for the quarter.

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.

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