Shares of Intchains Group Limited (NASDAQ:ICG – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $8.30, but opened at $8.54. Intchains Group shares last traded at $8.54, with a volume of 504 shares traded.
Intchains Group Trading Up 6.0 %
The stock has a market cap of $526.42 million and a price-to-earnings ratio of -234.25. The firm’s 50-day moving average is $8.99 and its two-hundred day moving average is $9.44.
Intchains Group (NASDAQ:ICG – Get Free Report) last released its earnings results on Wednesday, February 28th. The company reported $0.02 earnings per share for the quarter. Intchains Group had a negative return on equity of 2.70% and a negative net margin of 31.11%. 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.
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