XCHG (NASDAQ:XCH) Sets New 52-Week Low – Here’s Why

XCHG Limited (NASDAQ:XCHGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $1.09 and last traded at $1.13, with a volume of 198119 shares traded. The stock had previously closed at $1.18.

XCHG Trading Down 4.7 %

The stock’s 50-day simple moving average is $9.70.

XCHG (NASDAQ:XCHGet Free Report) last issued its quarterly earnings data on Friday, December 13th. The company reported ($0.08) earnings per share (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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