XCHG Limited (NASDAQ:XCH – Get Free Report) shares shot up 3.5% during mid-day trading on Friday . The company traded as high as $1.31 and last traded at $1.33. 7,970 shares were traded during mid-day trading, a decline of 98% from the average session volume of 341,560 shares. The stock had previously closed at $1.29.
XCHG Stock Up 5.4 %
The business’s fifty day moving average is $1.24.
Institutional Investors Weigh In On XCHG
An institutional investor recently bought a new position in XCHG stock. HHM Wealth Advisors LLC bought a new stake in XCHG Limited (NASDAQ:XCH – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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.
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