XCHG Limited (NASDAQ:XCH – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $1.30, but opened at $1.26. XCHG shares last traded at $1.29, with a volume of 3,749 shares.
XCHG Price Performance
The company has a fifty day moving average of $1.21.
Hedge Funds Weigh In On XCHG
An institutional investor recently bought a new position in XCHG stock. HHM Wealth Advisors LLC purchased a new stake in XCHG Limited (NASDAQ:XCH – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,692 shares of the company’s stock, valued at approximately $129,000.
About XCHG
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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