Intchains Group (NASDAQ:ICG) Posts Quarterly Earnings Results

Intchains Group (NASDAQ:ICGGet Free Report) announced its earnings results on Thursday. The company reported ($0.04) earnings per share (EPS) for the quarter, reports. The firm had revenue of $0.94 million during the quarter.

Intchains Group Price Performance

Shares of Intchains Group stock opened at $7.65 on Friday. Intchains Group has a 1 year low of $5.81 and a 1 year high of $11.74. The stock has a fifty day moving average price of $7.18 and a 200-day moving average price of $7.49.

Institutional Investors Weigh In On Intchains Group

An institutional investor recently bought a new position in Intchains Group stock. UBS Group AG acquired a new position in Intchains Group Limited (NASDAQ:ICGFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,974 shares of the company’s stock, valued at approximately $34,000.

About Intchains Group

(Get Free Report)

Intchains Group Limited designs and sells application-specific integrated circuit chips and ancillary software and hardware for blockchain applications in the People's Republic of China. It serves distributors, companies, and individuals. Intchains Group Limited was founded in 2017 and is based in Pudong, China.

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