XCHG (NASDAQ:XCH) Trading Up 12.7% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report) shares traded up 12.7% during mid-day trading on Tuesday . The company traded as high as $2.30 and last traded at $2.30. 200,315 shares traded hands during trading, a decline of 49% from the average session volume of 396,354 shares. The stock had previously closed at $2.04.

XCHG Price Performance

The firm has a 50-day moving average price of $17.69.

XCHG (NASDAQ:XCHGet Free Report) last announced its quarterly 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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