XCHG (NASDAQ:XCH) Shares Up 1.4% – Still a Buy?

XCHG Limited (NASDAQ:XCHGet Free Report) traded up 1.4% during trading on Tuesday . The company traded as high as $3.20 and last traded at $3.1840. 519 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 12,134 shares. The stock had previously closed at $3.14.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of XCHG in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce”.

Check Out Our Latest Stock Report on XCHG

XCHG Price Performance

The company has a fifty day simple moving average of $2,121.20 and a two-hundred day simple moving average of $5,667.26. The company has a market capitalization of $12.99 million, a P/E ratio of -1.99 and a beta of -1.24.

About XCHG

(Get Free Report)

XCHG Limited, branded as XCharge, is a company whose subsidiaries design, manufacture, and sell electric vehicle (EV) charging solutions under the X-Charge name in Europe, China, the United States, and other international markets. The company focuses on DC fast-charging infrastructure, including its C6 and C7 series chargers and Net Zero battery-integrated fast-charging systems, and also provides related software upgrades and hardware maintenance services for EV manufacturers, energy companies, and charge point operators.

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