Shares of Intchains Group Limited (NASDAQ:ICG – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 9,426 shares traded hands during trading, an increase of 172% from the previous session’s volume of 3,465 shares.The stock last traded at $10.25 and had previously closed at $8.80.
Intchains Group Stock Performance
The company has a market capitalization of $577.26 million and a price-to-earnings ratio of -231.75. The business’s 50-day simple moving average is $8.98 and its 200-day simple moving average is $9.45.
Intchains Group (NASDAQ:ICG – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.02 earnings per share for the quarter. Intchains Group had a negative net margin of 31.11% and a negative return on equity of 2.70%. The business had revenue of $4.99 million for the quarter.
About Intchains Group
Intchains Group Limited designs and sells application-specific integrated circuit chips and ancillary software and hardware for blockchain applications in the People's Republic of China. It serves distributors, companies, and individuals. Intchains Group Limited was founded in 2017 and is based in Pudong, China.
See Also
- Five stocks we like better than Intchains Group
- Which Wall Street Analysts are the Most Accurate?
- High-Yield Texas Instruments Could Hit New Highs Soon
- Using the MarketBeat Dividend Yield Calculator
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Intchains Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intchains Group and related companies with MarketBeat.com's FREE daily email newsletter.
