XCHG (NASDAQ:XCH) Stock Price Down 4.8% – What’s Next?

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

XCHG Stock Performance

The company has a fifty day moving average price of $1.30.

XCHG (NASDAQ:XCH) last announced its earnings results on Friday, December 13th. The company reported ($0.08) earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in XCHG stock. HHM Wealth Advisors LLC bought a new stake in shares of XCHG Limited (NASDAQ:XCH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 63,692 shares of the company’s stock, valued at approximately $129,000.

XCHG Company Profile

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.