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Akanda (AKAN) Competitors

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$1.37 -0.03 (-2.14%)
(As of 11/20/2024 ET)

AKAN vs. GLTO, EYEN, SYRS, BIOR, BCLI, EDSA, GTBP, EVOK, CANF, and ABVC

Should you be buying Akanda stock or one of its competitors? The main competitors of Akanda include Galecto (GLTO), Eyenovia (EYEN), Syros Pharmaceuticals (SYRS), Biora Therapeutics (BIOR), Brainstorm Cell Therapeutics (BCLI), Edesa Biotech (EDSA), GT Biopharma (GTBP), Evoke Pharma (EVOK), Can-Fite BioPharma (CANF), and ABVC BioPharma (ABVC). These companies are all part of the "pharmaceutical products" industry.

Akanda vs.

Galecto (NASDAQ:GLTO) and Akanda (NASDAQ:AKAN) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, community ranking, media sentiment, risk, profitability, earnings and institutional ownership.

Galecto has a beta of 1.24, meaning that its stock price is 24% more volatile than the S&P 500. Comparatively, Akanda has a beta of 1.51, meaning that its stock price is 51% more volatile than the S&P 500.

In the previous week, Galecto had 2 more articles in the media than Akanda. MarketBeat recorded 2 mentions for Galecto and 0 mentions for Akanda. Galecto's average media sentiment score of 0.58 beat Akanda's score of 0.00 indicating that Galecto is being referred to more favorably in the media.

Company Overall Sentiment
Galecto Positive
Akanda Neutral

Galecto currently has a consensus target price of $10.00, suggesting a potential upside of 72.12%. Given Galecto's stronger consensus rating and higher possible upside, research analysts clearly believe Galecto is more favorable than Akanda.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Galecto
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Akanda
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Akanda has higher revenue and earnings than Galecto.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GalectoN/AN/A-$38.35M-$19.14-0.30
Akanda$2.51M0.78-$32.28MN/AN/A

Galecto received 32 more outperform votes than Akanda when rated by MarketBeat users.

CompanyUnderperformOutperform
GalectoOutperform Votes
32
60.38%
Underperform Votes
21
39.62%
AkandaN/AN/A

Akanda's return on equity of 0.00% beat Galecto's return on equity.

Company Net Margins Return on Equity Return on Assets
GalectoN/A -76.96% -66.59%
Akanda N/A N/A N/A

14.2% of Galecto shares are held by institutional investors. Comparatively, 1.0% of Akanda shares are held by institutional investors. 11.9% of Galecto shares are held by company insiders. Comparatively, 20.4% of Akanda shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Galecto beats Akanda on 7 of the 13 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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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AKAN vs. The Competition

MetricAkandaMedicinals & botanicals IndustryMedical SectorNASDAQ Exchange
Market Cap$1.96M$1.33B$5.05B$8.87B
Dividend YieldN/AN/A4.97%4.06%
P/E RatioN/A29.1597.3414.18
Price / Sales0.788.961,218.4289.42
Price / CashN/A11.9133.5132.79
Price / Book-0.022.155.805.12
Net Income-$32.28M-$52.95M$119.07M$225.99M
7 Day Performance-7.43%-3.61%-1.83%-1.32%
1 Month Performance-35.98%-3.14%-3.64%0.60%
1 Year Performance-96.02%5.58%31.62%26.23%

Akanda Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AKAN
Akanda
N/A$1.37
-2.1%
N/A-96.0%$1.96M$2.51M0.00110
GLTO
Galecto
3.1132 of 5 stars
$5.81
-1.5%
$10.00
+72.1%
-60.6%$7.77MN/A0.0040Gap Up
EYEN
Eyenovia
3.3686 of 5 stars
$0.09
-24.5%
$2.00
+2,064.5%
-93.2%$7.64MN/A0.0040Analyst Downgrade
Short Interest ↓
Analyst Revision
News Coverage
Gap Down
High Trading Volume
SYRS
Syros Pharmaceuticals
4.3364 of 5 stars
$0.29
+3.6%
$3.33
+1,049.4%
-89.9%$7.43M$9.94M0.00120Analyst Revision
Gap Up
BIOR
Biora Therapeutics
2.5866 of 5 stars
$1.62
-0.6%
$23.00
+1,319.8%
-87.9%$7.37MN/A0.00120Analyst Forecast
BCLI
Brainstorm Cell Therapeutics
4.4456 of 5 stars
$1.26
+0.8%
$30.00
+2,281.0%
-53.4%$7.13MN/A-0.2640Analyst Upgrade
Positive News
EDSA
Edesa Biotech
3.1439 of 5 stars
$2.20
+0.5%
$21.00
+854.5%
-27.9%$7.11MN/A0.0020Gap Up
GTBP
GT Biopharma
0.206 of 5 stars
$3.19
+1.6%
N/A-54.2%$7.01MN/A0.008
EVOK
Evoke Pharma
0.0483 of 5 stars
$4.56
-3.0%
N/A-69.5%$6.98M$5.18M0.004Analyst Forecast
CANF
Can-Fite BioPharma
1.8046 of 5 stars
$1.97
-3.0%
$18.00
+813.7%
-1.7%$6.97M$667,000.00-1.108Analyst Downgrade
News Coverage
ABVC
ABVC BioPharma
0.7443 of 5 stars
$0.57
+7.6%
N/A-66.4%$6.81M$150,000.000.0030Gap Up

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This page (NASDAQ:AKAN) was last updated on 11/21/2024 by MarketBeat.com Staff
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