XCHG (NASDAQ:XCH) Shares Down 3.7% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report) fell 3.7% during mid-day trading on Tuesday . The stock traded as low as $1.93 and last traded at $2.06. 146,671 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 411,054 shares. The stock had previously closed at $2.14.

XCHG Trading Down 5.1 %

The company’s 50-day simple moving average is $15.28.

XCHG (NASDAQ:XCHGet Free Report) last issued its quarterly earnings results on Friday, December 13th. The company reported ($0.08) earnings per share (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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