Intchains Group (NASDAQ:ICG) Sees Strong Trading Volume

Intchains Group Limited (NASDAQ:ICGGet Free Report) shares saw an uptick in trading volume on Wednesday . 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 company’s 50 day moving average price is $8.91 and its 200 day moving average price is $9.46. The firm has a market capitalization of $522.83 million and a price-to-earnings ratio of -218.50.

Intchains Group (NASDAQ:ICGGet Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.02 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%.

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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