Intchains Group Limited (NASDAQ:ICG - Get Free Report) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 3,200 shares, an increase of 39.1% from the November 15th total of 2,300 shares. Based on an average daily volume of 135,600 shares, the short-interest ratio is presently 0.0 days.
Analyst Ratings Changes
Separately, Benchmark raised their price target on shares of Intchains Group from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Friday, August 16th.
Check Out Our Latest Report on ICG
Intchains Group Stock Performance
Shares of Intchains Group stock traded down $0.13 on Friday, hitting $5.07. The company's stock had a trading volume of 55,314 shares, compared to its average volume of 51,199. The company has a market capitalization of $303.89 million, a price-to-earnings ratio of 46.09 and a beta of 0.93. The firm has a fifty day moving average price of $4.39 and a 200-day moving average price of $6.11. Intchains Group has a 1 year low of $3.21 and a 1 year high of $14.22.
Intchains Group Company Profile
(
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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.
Further Reading
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