ABTS vs. ARBK, MFH, GRYP, SDIG, SHFS, DGHI, MOGO, NCTY, JFU, and GREE
Should you be buying Abits Group stock or one of its competitors? The main competitors of Abits Group include Argo Blockchain (ARBK), Mercurity Fintech (MFH), Gryphon Digital Mining (GRYP), Stronghold Digital Mining (SDIG), SHF (SHFS), Digihost Technology (DGHI), Mogo (MOGO), The9 (NCTY), 9F (JFU), and Greenidge Generation (GREE). These companies are all part of the "nondepository credit institutions" industry.
Abits Group (NASDAQ:ABTS) and Argo Blockchain (NASDAQ:ARBK) are both small-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, community ranking, media sentiment, dividends, institutional ownership, valuation and profitability.
Argo Blockchain received 18 more outperform votes than Abits Group when rated by MarketBeat users.
Abits Group has a beta of 2.98, meaning that its share price is 198% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 2.01, meaning that its share price is 101% more volatile than the S&P 500.
Abits Group has a net margin of 0.00% compared to Argo Blockchain's net margin of -54.06%. Abits Group's return on equity of 0.00% beat Argo Blockchain's return on equity.
Abits Group has higher earnings, but lower revenue than Argo Blockchain.
Argo Blockchain has a consensus price target of $2.23, suggesting a potential upside of 61.84%. Given Argo Blockchain's higher possible upside, analysts plainly believe Argo Blockchain is more favorable than Abits Group.
0.2% of Abits Group shares are owned by institutional investors. Comparatively, 2.4% of Argo Blockchain shares are owned by institutional investors. 6.7% of Abits Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Argo Blockchain had 5 more articles in the media than Abits Group. MarketBeat recorded 6 mentions for Argo Blockchain and 1 mentions for Abits Group. Abits Group's average media sentiment score of 1.87 beat Argo Blockchain's score of 0.57 indicating that Abits Group is being referred to more favorably in the media.
Summary
Abits Group beats Argo Blockchain on 8 of the 14 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ABTS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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