Weiss Ratings reaffirmed their sell (e+) rating on shares of XCHG (NASDAQ:XCH – Free Report) in a report released on Wednesday morning,Weiss Ratings reports.
XCHG Stock Performance
XCHG stock opened at $0.83 on Wednesday. The stock’s 50-day moving average is $1.25 and its 200-day moving average is $1.29. XCHG has a 12 month low of $0.55 and a 12 month high of $30.47.
Institutional Investors Weigh In On XCHG
A hedge fund recently bought a new stake in XCHG stock. XTX Topco Ltd bought a new stake in XCHG Limited (NASDAQ:XCH – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 46,520 shares of the company’s stock, valued at approximately $58,000.
About XCHG
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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