Intchains Group (NASDAQ:ICG) Shares Gap Down – What’s Next?

Shares of Intchains Group Limited (NASDAQ:ICGGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $9.33, but opened at $9.00. Intchains Group shares last traded at $9.00, with a volume of 91,466 shares.

Intchains Group Stock Performance

The company has a market capitalization of $197.80 million, a PE ratio of 30.00 and a beta of 0.93. The firm has a fifty day simple moving average of $4.78 and a 200-day simple moving average of $5.97.

Intchains Group Company Profile

(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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