XCHG (NASDAQ:XCH) Stock Price Down 9.9% – Here’s What Happened

XCHG Limited (NASDAQ:XCHGet Free Report)’s stock price fell 9.9% on Monday . The company traded as low as $1.61 and last traded at $1.63. 203,960 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 384,869 shares. The stock had previously closed at $1.81.

XCHG Stock Down 9.9 %

The firm’s 50-day simple moving average is $12.30.

XCHG (NASDAQ:XCHGet Free Report) last announced 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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