Intchains Group Limited (NASDAQ:ICG – Get Free Report)’s share price traded down 8.1% on Thursday . The stock traded as low as $8.50 and last traded at $8.87. 12,661 shares were traded during mid-day trading, an increase of 229% from the average session volume of 3,846 shares. The stock had previously closed at $9.65.
Intchains Group Trading Down 6.2 %
The firm has a market capitalization of $541.19 million and a PE ratio of -226.18. The company has a fifty day moving average price of $8.94 and a two-hundred day moving average price of $9.45.
Intchains Group (NASDAQ:ICG – Get Free Report) last posted 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 during the quarter.
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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