Abits Group (NASDAQ:ABTS – Get Free Report) and Argo Blockchain (NASDAQ:ARBK – Get Free Report) are both small-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation.
Profitability
This table compares Abits Group and Argo Blockchain’s net margins, return on equity and return on assets.
| 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.
| Sell Ratings | Hold 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 target price of $2.23, indicating a potential upside of 87.36%. Given Argo Blockchain’s higher possible upside, analysts plainly believe Argo Blockchain is more favorable than Abits Group.
Risk and Volatility
Abits Group has a beta of 2.76, meaning that its stock price is 176% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 1.9, meaning that its stock price is 90% more volatile than the S&P 500.
Institutional and Insider Ownership
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 company 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.
Valuation & Earnings
This table compares Abits Group and Argo Blockchain’s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings 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 earnings, but lower revenue than Argo Blockchain.
Summary
Abits Group beats Argo Blockchain on 7 of the 11 factors compared between the two stocks.
About Abits Group
(Get Free Report)
Abits Group Inc., a digital company, engages 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 based in Tsim Sha Tsui, Hong Kong.
About Argo Blockchain
(Get Free Report)
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.
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