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Abits Group (ABTS) Competitors

$0.68
+0.03 (+4.62%)
(As of 05/30/2024 ET)

ABTS vs. ARBK, MFH, GRYP, SDIG, MOGO, SHFS, DGHI, 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), Mogo (MOGO), SHF (SHFS), Digihost Technology (DGHI), The9 (NCTY), 9F (JFU), and Greenidge Generation (GREE). These companies are all part of the "nondepository credit institutions" industry.

Abits Group vs.

Argo Blockchain (NASDAQ:ARBK) and Abits Group (NASDAQ:ABTS) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, media sentiment, profitability, risk, community ranking and valuation.

Argo Blockchain has a beta of 2.01, suggesting that its stock price is 101% more volatile than the S&P 500. Comparatively, Abits Group has a beta of 2.98, suggesting that its stock price is 198% more volatile than the S&P 500.

Abits Group has lower revenue, but higher earnings than Argo Blockchain.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Argo Blockchain$50.56M1.61-$35.03M-$0.47-3.00
Abits Group$1.68M14.39-$12.59MN/AN/A

Abits Group has a net margin of 0.00% compared to Abits Group's net margin of -54.06%. Argo Blockchain's return on equity of 0.00% beat Abits Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Argo Blockchain-54.06% -4,172.69% -35.97%
Abits Group N/A N/A N/A

Argo Blockchain received 18 more outperform votes than Abits Group when rated by MarketBeat users.

CompanyUnderperformOutperform
Argo BlockchainOutperform Votes
18
36.00%
Underperform Votes
32
64.00%
Abits GroupN/AN/A

In the previous week, Argo Blockchain had 9 more articles in the media than Abits Group. MarketBeat recorded 11 mentions for Argo Blockchain and 2 mentions for Abits Group. Argo Blockchain's average media sentiment score of 1.87 beat Abits Group's score of 0.55 indicating that Abits Group is being referred to more favorably in the news media.

Company Overall Sentiment
Argo Blockchain Positive
Abits Group Very Positive

2.4% of Argo Blockchain shares are held by institutional investors. Comparatively, 0.2% of Abits Group shares are held by institutional investors. 6.7% of Abits Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Argo Blockchain currently has a consensus price target of $2.23, suggesting a potential upside of 58.39%. Given Abits Group's higher probable upside, research analysts plainly believe Argo Blockchain is more favorable than Abits Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Argo Blockchain
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Abits Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

Abits Group beats Argo Blockchain on 8 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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ABTS vs. The Competition

MetricAbits GroupNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$24.18M$6.33B$6.36B$7.96B
Dividend YieldN/A5.39%2.50%3.99%
P/E RatioN/A9.9238.3618.23
Price / Sales14.397.11609.5470.15
Price / CashN/A32.6428.2831.24
Price / Book2.132.674.564.64
Net Income-$12.59M$435.63M$119.54M$213.60M
7 Day Performance-2.80%1.35%0.15%1.02%
1 Month Performance-11.69%7.33%1.42%3.89%
1 Year PerformanceN/A42.24%6.10%7.72%

Abits Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARBK
Argo Blockchain
1.8123 of 5 stars
$1.37
flat
$2.23
+63.0%
+18.5%$79.13M$50.56M-2.4982Upcoming Earnings
Short Interest ↓
MFH
Mercurity Fintech
0 of 5 stars
$1.49
+2.1%
N/A-41.3%$69.36M$450,000.000.009Positive News
GRYP
Gryphon Digital Mining
0 of 5 stars
$1.32
-4.4%
N/AN/A$51.64M$6.84M0.002Gap Up
SDIG
Stronghold Digital Mining
3.7859 of 5 stars
$3.06
+7.0%
$7.83
+156.0%
-48.3%$47.04M$74.97M-0.65111Short Interest ↓
Positive News
MOGO
Mogo
3.3962 of 5 stars
$1.71
-1.7%
$8.00
+367.8%
-26.8%$41.92M$48.31M-3.80255Short Interest ↓
Positive News
SHFS
SHF
0 of 5 stars
$0.73
-1.3%
N/A+48.7%$40.74M$17.56M-2.6243Short Interest ↓
Positive News
DGHI
Digihost Technology
0 of 5 stars
$1.30
-4.4%
N/A-16.4%$38.16M$26.11M-4.4815Short Interest ↓
NCTY
The9
0 of 5 stars
$8.10
-6.4%
N/A+0.3%$38.08M$25.22M0.0072Analyst Upgrade
Short Interest ↓
High Trading Volume
JFU
9F
0 of 5 stars
$2.78
-1.4%
N/A-44.4%$32.73M$58.09M0.00331Short Interest ↓
Positive News
GREE
Greenidge Generation
0.7481 of 5 stars
$2.93
+4.3%
N/A+10.5%$28.74M$70.39M-0.0840Upcoming Earnings
Short Interest ↓
Gap Up

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This page (NASDAQ:ABTS) was last updated on 5/31/2024 by MarketBeat.com Staff

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