Intchains Group Limited (NASDAQ:ICG – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 9,426 shares were traded 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 Down 3.4 %
The stock has a 50 day moving average of $8.91 and a 200 day moving average of $9.46. The company has a market capitalization of $522.83 million and a price-to-earnings ratio of -218.50.
Intchains Group (NASDAQ:ICG – Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.02 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%.
About Intchains Group
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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