XCHG (NASDAQ:XCH) Shares Down 5.6% – Here’s What Happened

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) were down 5.6% during mid-day trading on Tuesday . The stock traded as low as $20.06 and last traded at $20.63. Approximately 17,427 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 138,443 shares. The stock had previously closed at $21.85.

XCHG Trading Up 6.5 %

The business has a 50-day moving average price of $18.35.

XCHG (NASDAQ:XCHGet Free Report) last issued its earnings results on Friday, December 13th. The company reported ($0.08) earnings per share for the quarter.

XCHG Company Profile

(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.

Further Reading

Receive News & Ratings for XCHG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XCHG and related companies with MarketBeat.com's FREE daily email newsletter.