XCHG (NASDAQ:XCH) Trading Down 7.8% – Should You Sell?

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) fell 7.8% during trading on Monday . The stock traded as low as $17.90 and last traded at $17.90. 31,895 shares were traded during mid-day trading, a decline of 80% from the average session volume of 161,567 shares. The stock had previously closed at $19.41.

XCHG Stock Down 2.9 %

The stock’s fifty day simple moving average is $16.85.

XCHG Company Profile

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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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