Intchains Group (ICG) Scheduled to Post Earnings on Wednesday

Intchains Group (NASDAQ:ICG) is set to issue its quarterly earnings data after the market closes on Wednesday, November 20th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Intchains Group (NASDAQ:ICG) last issued its quarterly earnings results on Thursday, August 15th. The company reported $0.12 earnings per share (EPS) for the quarter. Intchains Group had a net margin of 12.96% and a return on equity of 2.57%. The firm had revenue of $16.93 million for the quarter.

Intchains Group Stock Down 1.2 %

ICG opened at $4.05 on Monday. Intchains Group has a twelve month low of $3.21 and a twelve month high of $14.22. The company has a fifty day moving average of $5.25 and a 200-day moving average of $6.58. The stock has a market cap of $242.76 million, a PE ratio of 67.51 and a beta of 0.83.

Analyst Upgrades and Downgrades

Separately, Benchmark lifted their price objective on Intchains Group from $10.00 to $11.00 and gave the stock a “buy” rating in a research report on Friday, August 16th.

About Intchains Group

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.