Intchains Group (NASDAQ:ICG) Shares Gap Down – Should You Sell?

Shares of Intchains Group Limited (NASDAQ:ICGGet Free Report) gapped down prior to trading 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 traded.

Intchains Group Stock Performance

The business has a 50 day moving average price of $4.81 and a two-hundred day moving average price of $6.01. The stock has a market cap of $550.23 million, a PE ratio of 83.46 and a beta of 0.93.

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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