Intchains Group Ltd ADR (NASDAQ:ICG) Shares Are Up 63.4% From The Lows, But Can They Stay Up?

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In last trading session, Intchains Group Ltd ADR (NASDAQ:ICG) saw 0.52 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $8.77 trading at $4.12 or 88.60% at ring of the bell on the day assigns it a market valuation of $239.25M. That closing price of ICG’s stock is at a discount of -62.14% from its 52-week high price of $14.22 and is indicating a premium of 63.4% from its 52-week low price of $3.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 77520.0 shares which gives us an average trading volume of 144.91K 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

Intchains Group Ltd ADR’s shares saw a change of -29.10% in year-to-date performance and have moved 72.98% in past 5-day. Intchains Group Ltd ADR (NASDAQ:ICG) showed a performance of 103.01% in past 30-days. Number of shares sold short was 20134.0 shares which calculate 0.15 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 12.3% to its current value. 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 -14.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -14.03% for stock’s current value.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 114.46M for the same. And 1 analysts are in estimates of company making revenue of 119.33M 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.