XCHG (NASDAQ:XCH) Sets New 52-Week Low – Here’s Why

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $1.36 and last traded at $2.15, with a volume of 10624066 shares. The stock had previously closed at $23.33.

XCHG Trading Down 90.8 %

The business’s 50 day moving average price is $18.35.

XCHG (NASDAQ:XCHGet Free Report) last announced its quarterly earnings data 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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