XCHG (NASDAQ:XCH) Shares Gap Up – Here’s Why

XCHG Limited (NASDAQ:XCHGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $14.93, but opened at $15.76. XCHG shares last traded at $15.76, with a volume of 570 shares trading hands.

XCHG Price Performance

The business has a fifty day moving average price of $16.55.

About XCHG

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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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