XCHG Limited (NASDAQ:XCH – Get Free Report)’s stock price dropped 2.7% during mid-day trading on Monday . The stock traded as low as $1.40 and last traded at $1.36. Approximately 1,903 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 339,390 shares. The stock had previously closed at $1.40.
XCHG Trading Down 8.2 %
The business has a 50 day moving average price of $1.23.
Institutional Trading of XCHG
An institutional investor recently bought a new position in XCHG stock. HHM Wealth Advisors LLC bought a new position in XCHG Limited (NASDAQ:XCH – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 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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