Intchains Group Limited (NASDAQ:ICG – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $8.38, but opened at $7.90. Intchains Group shares last traded at $8.53, with a volume of 643 shares changing hands.
Intchains Group Trading Down 4.7 %
The firm has a market capitalization of $477.96 million, a price-to-earnings ratio of -197.50 and a beta of 0.50. The company’s 50 day moving average is $8.51 and its 200-day moving average is $9.51.
Intchains Group (NASDAQ:ICG – Get Free Report) last issued its earnings results on Wednesday, February 28th. The company reported $0.02 earnings per share (EPS) for the quarter. The business 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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