XCHG (NASDAQ:XCH) Shares Gap Up – What’s Next?

Shares of XCHG Limited (NASDAQ:XCH) gapped up prior to trading on Thursday . The stock had previously closed at $1.23, but opened at $1.26. XCHG shares last traded at $1.27, with a volume of 3,466 shares traded.

XCHG Stock Performance

The business has a fifty day simple moving average of $1.33.

XCHG (NASDAQ:XCH) last released its quarterly earnings data on Friday, December 13th. The company reported ($0.08) 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 XCHG Limited (NASDAQ:XCH) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 63,692 shares of the company’s stock, valued at approximately $129,000.

About XCHG

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.