XCHG (NASDAQ:XCH) Sees Large Volume Increase – Still a Buy?

Shares of XCHG Limited (NASDAQ:XCHGet Free Report) saw an uptick in trading volume on Thursday . 617,872 shares traded hands during trading, an increase of 53% from the previous session’s volume of 402,960 shares.The stock last traded at $2.47 and had previously closed at $2.18.

XCHG Stock Performance

The firm’s 50 day moving average is $17.14.

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

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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