XCHG (NASDAQ:XCH) Shares Up 9.5% – Should You Buy?

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) shot up 9.5% during mid-day trading on Wednesday . The company traded as high as $20.84 and last traded at $20.55. 7,214 shares were traded during trading, a decline of 95% from the average session volume of 137,981 shares. The stock had previously closed at $18.77.

XCHG Trading Up 6.6 %

The company has a 50-day moving average price of $17.62.

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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