Weiss Ratings Reiterates Sell (D-) Rating for XCHG (NASDAQ:XCH)

XCHG (NASDAQ:XCH)‘s stock had its “sell (d-)” rating reissued by research analysts at Weiss Ratings in a research report issued to clients and investors on Thursday,Weiss Ratings reports.

XCHG Price Performance

Shares of NASDAQ XCH opened at $1.53 on Thursday. The company has a market capitalization of $90.96 million and a price-to-earnings ratio of -19.13. The business has a 50-day moving average of $1.41 and a two-hundred day moving average of $1.34. XCHG has a 1 year low of $0.55 and a 1 year high of $27.94.

Institutional Trading of XCHG

An institutional investor recently bought a new position in XCHG stock. XTX Topco Ltd purchased a new position in shares of XCHG Limited (NASDAQ:XCH) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 46,520 shares of the company’s stock, valued at approximately $58,000.

XCHG Company Profile

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.