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Akanda (AKAN) Competitors

Akanda logo
$0.77
+0.02 (+2.67%)
(As of 11/4/2024 ET)

AKAN vs. IGNY, BLPH, NEXI, SEEL, SMFL, BDRX, PRFX, SXTC, TCON, and VAXX

Should you be buying Akanda stock or one of its competitors? The main competitors of Akanda include Ignyte Acquisition (IGNY), Bellerophon Therapeutics (BLPH), NexImmune (NEXI), Seelos Therapeutics (SEEL), Smart for Life (SMFL), Biodexa Pharmaceuticals (BDRX), PainReform (PRFX), China SXT Pharmaceuticals (SXTC), TRACON Pharmaceuticals (TCON), and Vaxxinity (VAXX). These companies are all part of the "pharmaceutical products" industry.

Akanda vs.

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

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Akanda
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Ignyte Acquisition
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Akanda has a beta of 1.51, suggesting that its stock price is 51% more volatile than the S&P 500. Comparatively, Ignyte Acquisition has a beta of 0.19, suggesting that its stock price is 81% less volatile than the S&P 500.

Ignyte Acquisition's return on equity of 365.46% beat Akanda's return on equity.

Company Net Margins Return on Equity Return on Assets
AkandaN/A N/A N/A
Ignyte Acquisition N/A 365.46%-0.83%

1.0% of Akanda shares are held by institutional investors. Comparatively, 61.1% of Ignyte Acquisition shares are held by institutional investors. 20.4% of Akanda shares are held by insiders. Comparatively, 19.9% of Ignyte Acquisition shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Akanda and Ignyte Acquisition both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
AkandaN/AN/A
Ignyte AcquisitionN/AN/A

Ignyte Acquisition has lower revenue, but higher earnings than Akanda.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Akanda$2.51M0.88-$32.28MN/AN/A
Ignyte AcquisitionN/AN/A-$490KN/AN/A

In the previous week, Akanda's average media sentiment score of 0.56 beat Ignyte Acquisition's score of 0.00 indicating that Akanda is being referred to more favorably in the media.

Company Overall Sentiment
Akanda Positive
Ignyte Acquisition Neutral

Summary

Akanda beats Ignyte Acquisition on 5 of the 8 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$2.20M$1.24B$5.04B$8.43B
Dividend YieldN/AN/A7.52%4.16%
P/E RatioN/A39.08130.2316.67
Price / Sales0.888.691,720.2276.26
Price / CashN/A15.5336.9133.54
Price / Book-0.022.094.604.98
Net Income-$32.28M-$50.21M$114.94M$224.26M
7 Day Performance-9.37%-0.28%0.14%1.65%
1 Month Performance-28.08%12.89%10.15%6.92%
1 Year Performance-95.73%9.44%33.87%26.46%

Akanda Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AKAN
Akanda
N/A$0.77
+2.7%
N/A-95.8%$2.20M$2.51M0.00110
IGNY
Ignyte Acquisition
N/A$0.07
flat
N/AN/A$510,000.00N/A0.003
BLPH
Bellerophon Therapeutics
0.3633 of 5 stars
$0.04
flat
N/A-7.7%$440,000.00$5.64M-0.0420
NEXI
NexImmune
N/A$0.27
flat
N/A-92.5%$371,000.00N/A-0.0170
SEEL
Seelos Therapeutics
N/A$0.99
-22.0%
N/A-99.9%$368,000.00$2.20M0.0020
SMFL
Smart for Life
N/A$0.05
flat
N/A-99.8%$354,000.00$8.23M0.00110
BDRX
Biodexa Pharmaceuticals
1.9553 of 5 stars
$6.66
+2.3%
$200.00
+2,903.0%
N/A$333,000.00$470,000.000.0021Gap Down
PRFX
PainReform
1.7648 of 5 stars
$0.56
-6.7%
$2.00
+257.1%
-80.9%$324,000.00N/A-0.024
SXTC
China SXT Pharmaceuticals
0.2489 of 5 stars
$0.61
+3.4%
N/A-77.1%$280,000.00$1.93M0.0090News Coverage
TCON
TRACON Pharmaceuticals
1.4047 of 5 stars
$0.08
+13.9%
$60.00
+73,070.7%
-98.2%$273,000.00$12.15M0.0220Gap Up
VAXX
Vaxxinity
N/A$0.00
flat
N/A-99.8%$254,000.00$70,000.000.0090Gap Up

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This page (NASDAQ:AKAN) was last updated on 11/4/2024 by MarketBeat.com Staff
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