How to Buy Intchains Group Stock
Intchains Group Ltd
Intchains Group Limited designs and sells application-specific integrated circuit chips and ancillary software and hardware for blockchain applications in the People's Republic of China. It serves distributors, companies, and individuals.
Intchains Group stock last closed at $8.08, down 7.55% from the previous day, and has decreased 10.02% in one year. It has underperformed other stocks in the Semiconductors industry by 0.49 percentage points. Intchains Group stock is currently +39.07% from its 52-week low of $5.81, and -43.16% from its 52-week high of $14.22.
As of Apr 29, 2024, there are 119.88M ICG shares outstanding. The market value of ICG is $484.30M. In the past 24 hours, 13,562 ICG shares were traded.
How to Buy Intchains Group Stock
Not sure how to invest in Intchains Group stock? Here's how.
- Choose where to buy Intchains Group stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Intchains Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Pick your method of payment and add your info.
- Evaluate Intchains Group stock: The Intchains Group ticker symbol is ICG. Is Intchains Group stock a good investment? Should you buy shares of ICG? How do ICG's underlying business fundamentals look? Do top analysts think Intchains Group is a good buy? Why has ICG's stock price moved recently? (Hint: Our stock market research tools can help you figure out if ICG is a good stock to buy).
- Execute your ICG trade: Decide if you will purchase ICG shares at the current market price or use a limit order to purchase ICG stock at a specific price.
- Get the latest scoop on your investment in ICG: Create a watchlist to watch your position in Intchains Group stock.
Step 1: Choose where to buy Intchains Group stock
You need a brokerage account to access the NASDAQ market and buy ICG stock.
Our preferred brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
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- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you are able to buy ICG stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have finished signing up on the best stock buying app, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing money into your new brokerage account.
Step 4: Evaluate Intchains Group stock
After you have selected the best place to buy Intchains Group stock, it's very important to research their stock before you buy, so you can understand the risk and upside.
Intchains Group quick stats
ICG Due Diligence Checks
WallStreetZen was created to help everyday investors do more accurate fundamental analysis.
You can view all of the due diligence checks on ICG's stock page.
Is ICG stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ICG's fair value.
Using relative valuations measures:
- ICG may be undervalued based on its P/B ratio of 0.51x, relative to Semiconductors industry P/B ratio of 7.98x
You can do more valuation research on ICG's stock here.
ICG Financial Overview
Positive Financial Indicators:
- ICG has cash burn of 51606000. It has enough cash and short-term investments to cover this for at least one year.
- ICG has a low debt to equity ratio of 0.03.
- There are more short-term assets than long-term liabilities on the ICG balance sheet.
- There are more short-term assets than short-term liabilities on the ICG balance sheet.
- ICG has $708.35M in cash and short term investments. This is sufficient to cover its annual cash burn of $51.61M.
Negative Financial Indicators:
- ICG profit margin has gone down from 75% to -32.6% in the past year.
Metrics for Advanced ICG Traders
ICG Performance Metrics
Last year, ICG revenue was $82.23M. Over the last four year, ICG's revenue has gone up by 23.09% per year. This was slower than the Semiconductors industry average of 23.58%.
Find out more about ICG's earnings and revenue performance here.
What are ICG executives and large shareholders up to?
In the past year, insiders at ICG have not bought or sold any shares.
Learn more about who owns ICG stock here.
Can I rely on ICG as an income stream?
No, Intchains Group doesn't provide an income stream by paying out dividends.
ICG Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your ICG trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and your broker will place the order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your investment in ICG
Now that you own some ICG shares, you'll want to keep up with your investment.
Add ICG to a watchlist to see the latest developments about your ICG stock.
ICG Feed
How to Buy Stock in Intchains Group
To summarize, here are the 6 steps to buy stock in Intchains Group:
- Choose where to buy Intchains Group stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Intchains Group stock
- Execute your ICG trade
- Get the latest scoop on your investment in ICG
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Intchains Group, create a watchlist on WallStreetZen today.
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