XCHG (NASDAQ:XCH) Sees Strong Trading Volume – Should You Buy?

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) saw strong trading volume on Wednesday . 734,850 shares traded hands during trading, an increase of 401% from the previous session’s volume of 146,628 shares.The stock last traded at $18.00 and had previously closed at $23.33.

XCHG Stock Performance

The firm’s fifty day simple moving average is $18.56.

XCHG (NASDAQ:XCHGet Free Report) last announced its quarterly earnings results on Friday, December 13th. The company reported ($0.08) EPS for the quarter.

About XCHG

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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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