Shares of Intchains Group Limited (NASDAQ:ICG – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $5.97, but opened at $6.27. Intchains Group shares last traded at $8.82, with a volume of 385,406 shares.
Intchains Group Price Performance
The firm’s 50-day moving average price is $4.70 and its 200-day moving average price is $6.00. The stock has a market cap of $510.67 million, a P/E ratio of 77.46 and a beta of 0.93.
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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