Intchains Group (NASDAQ:ICG) Shares Gap Up to $7.61

Intchains Group Limited (NASDAQ:ICGGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $7.61, but opened at $8.30. Intchains Group shares last traded at $8.82, with a volume of 3,743 shares trading hands.

Intchains Group Stock Up 4.6 %

The stock has a market cap of $499.80 million, a PE ratio of -208.88 and a beta of 0.50. The business’s fifty day moving average is $8.71 and its 200 day moving average is $9.48.

Intchains Group (NASDAQ:ICGGet Free Report) last released its quarterly 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

(Get Free Report)

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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