In today’s recent session, 0.48 million shares of the Intchains Group Ltd ADR (NASDAQ:ICG) have been traded, and its beta is 1.10. Most recently the company’s share price was $4.14, and it changed around $0.44 or 11.89% from the last close, which brings the market valuation of the company to $112.94M. ICG at last check was trading at a discount to its 52-week high of $14.22, offering almost -243.48% off that amount. The share price’s 52-week low was $2.80, which indicates that the recent value has risen by an impressive 32.37% since then. We note from Intchains Group Ltd ADR’s average daily trading volume that its 10-day average is 0.36 million shares, with the 3-month average coming to 112.33K.
Intchains Group Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ICG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Intchains Group Ltd ADR is expected to report earnings per share of 0.05 for the current quarter.
Intchains Group Ltd ADR (NASDAQ:ICG) trade information
Instantly ICG has been showing a green trend so far today with a performance of 11.89% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.04 on recent trading dayincreased the stock’s daily price by 65.61%. The company’s shares are currently down -66.53% year-to-date, but still down -42.34% over the last five days. On the other hand, Intchains Group Ltd ADR (NASDAQ:ICG) is -6.76% down in the 30-day period. We can see from the shorts that 20134.0 shares have been sold at a short interest cover period of 0.15 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to increase their stock price by 58.6% from its current value. Analyst projections state that ICG is forecast to be at a low of $10 and a high of $10.
Intchains Group Ltd ADR (ICG) estimates and forecasts
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 114.46M in revenue for the current quarter. 1 analysts expect Intchains Group Ltd ADR to make 119.33M in revenue for the current ending quarter. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -72.66%.
