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Critical Comparison: Abits Group (NASDAQ:ABTS) vs. Argo Blockchain (NASDAQ:ARBK)
Abits Group (NASDAQ:ABTS – Get a free report) and Argo Blockchain (NASDAQ:ARBK – Get a free report) are both small-cap corporate services companies, but which is the better investment? We’ll compare the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability, and valuation.
Profitability
This table compares the net margins, return on equity and return on assets of Abits Group and Argo Blockchain.
| Net margins | Return on equity | Return on assets | |
| Abits Group | N/A | N/A | N/A |
| Argo Blockchain | -54.06% | -4.172,69% | -35.97% |
Analyst Ratings
This is a breakdown of recent recommendations and price targets for Abits Group and Argo Blockchain, as reported by MarketBeat.
| Sales Ratings | Keep ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Abits Group | 0 | 0 | 0 | 0 | N/A |
| Argo Blockchain | 0 | 2 | 1 | 0 | 2.33 |
Argo Blockchain has a consensus price target of $2.23, which indicates a potential upside of 87.36%. Given the potential higher upside of Argo Blockchain, analysts clearly believe Argo Blockchain is more favorable than Abits Group.
Risk and Volatility
Abits Group has a beta of 2.76, which means its stock price is 176% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 1.9, which means its stock price is 90% more volatile than the S&P 500.
Institutional and internal ownership
Institutional investors own 0.2% of Abits Group stock. Comparatively, institutional investors own 2.4% of Argo Blockchain stock. Corporate insiders own 6.7% of Abits Group stock. Strong institutional ownership is an indication that large money managers, hedge funds, and endowments believe a company will outperform the market in the long run.
Valuation and earnings
This table compares the revenue, earnings per share (EPS) and valuation of Abits Group and Argo Blockchain.
| Gross Income | Price/sales ratio | Net income | Earning per share | Price/Earnings Ratio | |
| Abits Group | $1.68 million | 10.19 | -$12.59 million | N/A | N/A |
| Argo Blockchain | $50.56 million | 1.36 | -$35.03 million | ($0.47) | -2.54 |
Abits Group has higher profits but lower revenues than Argo Blockchain.
Summary
Abits Group outperforms Argo Blockchain in 7 of the 11 factors compared between the two stocks.
About Abits Group
Abits Group Inc., a digital company, is engaged in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is headquartered in Tsim Sha Tsui, Hong Kong.
About Argo Blockchain
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