XCHG (NASDAQ:XCH) Trading Down 6% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report) was down 6% during mid-day trading on Tuesday . The stock traded as low as $1.11 and last traded at $1.25. Approximately 201,548 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 395,416 shares. The stock had previously closed at $1.33.

XCHG Stock Down 12.0 %

The company’s fifty day simple moving average is $10.42.

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