XCHG (NASDAQ:XCH) Sees Strong Trading Volume – Time to Buy?

XCHG Limited (NASDAQ:XCHGet Free Report) saw unusually-high trading volume on Thursday . Approximately 617,872 shares were traded during mid-day 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 Price Performance

The firm has a 50 day moving average of $16.48.

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

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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