XCHG (NASDAQ:XCH) Trading Down 5.6% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report)’s stock price fell 5.6% during trading on Tuesday . The company traded as low as $20.06 and last traded at $20.63. 17,427 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 138,443 shares. The stock had previously closed at $21.85.

XCHG Price Performance

The business has a fifty day moving average price of $18.34.

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

About XCHG

(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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