XCHG (NASDAQ:XCH) Trading Down 4.8% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report) fell 4.8% during trading on Monday . The company traded as low as $1.30 and last traded at $1.30. 24,631 shares were traded during mid-day trading, a decline of 93% from the average session volume of 351,251 shares. The stock had previously closed at $1.36.

XCHG Trading Down 0.2 %

The company has a fifty day moving average of $1.27.

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:XCHFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 63,692 shares of the company’s stock, valued at approximately $129,000.

XCHG Company Profile

(Get Free Report)

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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