XCHG (NASDAQ:XCH) Shares Gap Up – Still a Buy?

XCHG Limited (NASDAQ:XCHGet Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $2.09, but opened at $2.16. XCHG shares last traded at $2.07, with a volume of 220,316 shares traded.

XCHG Price Performance

The company has a 50-day moving average price of $17.92.

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