Shares of Intchains Group Limited (NASDAQ:ICG – Get Free Report) traded up 10.2% on Wednesday . The stock traded as high as $8.86 and last traded at $8.86. 663 shares were traded during mid-day trading, a decline of 84% from the average session volume of 4,159 shares. The stock had previously closed at $8.04.
Intchains Group Stock Up 0.5 %
The stock’s 50 day moving average is $8.63 and its two-hundred day moving average is $9.51. The company has a market capitalization of $483.38 million, a PE ratio of -221.50 and a beta of 0.50.
Intchains Group (NASDAQ:ICG – Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $4.99 million during the quarter. Intchains Group had a negative net margin of 31.11% and a negative return on equity of 2.70%.
Intchains Group Company Profile
Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.
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