A share price of Intchains Group Ltd ADR [ICG] is currently trading at $8.77, up 88.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ICG shares have gain 72.98% over the last week, with a monthly amount glided 103.01%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Intchains Group Ltd ADR [NASDAQ: ICG] stock has seen the most recent analyst activity on June 21, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $10.
Intchains Group Ltd ADR experienced fluctuations in its stock price throughout the past year between $3.21 and $14.22. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Intchains Group Ltd ADR [NASDAQ: ICG] shares were valued at $8.77 at the most recent close of the market. An investor can expect a potential return of 14.03% based on the average ICG price forecast.
Analyzing the ICG fundamentals
Trailing Twelve Months sales for Intchains Group Ltd ADR [NASDAQ:ICG] were 33.68M which represents 791.12% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.77 points at the first support level, and at 2.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.27, and for the 2nd resistance point, it is at 11.77.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Intchains Group Ltd ADR [NASDAQ:ICG] is 10.33. Further, the Quick Ratio stands at 9.09, while the Cash Ratio is 7.28. Considering the valuation of this stock, the price to sales ratio is 7.10, the price to book ratio is 3.71 and price to earnings (TTM) ratio is 81.58.
