Intchains Group (NASDAQ:ICG) Shares Gap Down to $9.65

Intchains Group Limited (NASDAQ:ICGGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $9.65, but opened at $9.05. Intchains Group shares last traded at $9.05, with a volume of 1,635 shares changing hands.

Intchains Group Price Performance

The company has a market cap of $522.83 million and a P/E ratio of -218.50. The company has a fifty day simple moving average of $8.91 and a 200-day simple moving average of $9.48.

Intchains Group (NASDAQ:ICGGet Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $4.99 million for the quarter. Intchains Group had a negative return on equity of 2.70% and a negative net margin of 31.11%.

Intchains Group Company Profile

(Get Free Report)

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.

Further Reading

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