Intchains Group Limited (NASDAQ:ICG – Get Free Report) shares rose 10.2% on Wednesday . The company traded as high as $8.86 and last traded at $8.86. Approximately 663 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 4,159 shares. The stock had previously closed at $8.04.
Intchains Group Stock Performance
The company has a market capitalization of $483.38 million, a PE ratio of -221.50 and a beta of 0.50. The stock has a 50 day moving average price of $8.63 and a two-hundred day moving average price of $9.51.
Intchains Group (NASDAQ:ICG – Get Free Report) last released its earnings results on Wednesday, February 28th. The company reported $0.02 EPS 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%.
About Intchains Group
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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