Intchains Group Ltd ADR (NASDAQ:ICG) At $7.99: Does It Look Expensive?

In recent trading session, Intchains Group Ltd ADR (NASDAQ:ICG) saw 0.5 million shares changing hands at last check today with its beta currently measuring 0.78. Company’s recent per share price level of $7.99 trading at -$0.49 or -5.72% at last check today assigns it a market valuation of $218.10M. That most recent trading price of ICG’s stock is at a discount of -77.97% from its 52-week high price of $14.22 and is indicating a premium of 32.54% from its 52-week low price of $5.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.11 million shares which gives us an average trading volume of 42.62K if we extend that period to 3-months.

For Intchains Group Ltd ADR (ICG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.05 in the current quarter.

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Intchains Group Ltd ADR (NASDAQ:ICG) trade information

Upright in the red during last session for losing -5.72%, in the last five days ICG remained trading in the green while hitting it’s week-highest on Tuesday, 09/24/24 when the stock touched $7.99 price level, adding 21.67% to its value on the day. Intchains Group Ltd ADR’s shares saw a change of -35.37% in year-to-date performance and have moved 6.60% in past 5-day. Intchains Group Ltd ADR (NASDAQ:ICG) showed a performance of 42.26% in past 30-days. Number of shares sold short was 1809.0 shares which calculate 0.06 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 20.1% to its recent value today. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would drop -25.16% in reaching the projected high whereas dropping to the targeted low would mean a loss of -25.16% for stock’s current value.

Intchains Group Ltd ADR (ICG) estimates and forecasts

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 14.32M for the same. And 1 analysts are in estimates of company making revenue of 15.8M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -72.66% during past 5 years.