Bit Origin (NASDAQ:BTOG – Get Free Report ) and Argo Blockchain (NASDAQ:ARBK – Get Free Report ) are both small cap finance companies, but which business is the better one? We compare the two businesses based on valuation, institutional holdings, risk, dividends, analyst recommendations, profitability and earnings strength.
Profitability
This table compares the net profit margin, return on equity, and return on assets of Bit Origin and Argo Blockchain.
Net profit margin Return on equity Return on total assets Bit Origin N/AN/AN/A Argo Blockchain -54.06% -4,172.69% -35.97%
Analysts’ comments
This is a summary of current recommendations for Bit Origin and Argo Blockchain from MarketBeat.com.
Sell Rating Hold Rating Buy Rating Strong Buy Rating Rating Score Bit Origin 0 0 0 0 N/A Argo Blockchain 0 2 1 0 2.33
The consensus target price for Argo Blockchain is $2.23, suggesting an upside potential of 26.89%. Given Argo Blockchain’s higher upside potential, analysts clearly consider it a better buy than Bit Origin.
Revenue and Ratings
This table compares revenue, earnings per share, and valuation for Bit Origin and Argo Blockchain.
Total Revenue Price to Sales Ratio Net Income Earnings Per Share Price to Earnings Ratio Bit Origin $6.26 million 0.86 -$28.22 million N/AN/A Argo Blockchain $50.56 million 2.01 -$35.03 million ($0.47) -3.74
Bit Origin has higher revenue but lower profits than Argo Blockchain.
Insider and Institutional Ownership
1.1% of Bit Origin’s shares are held by institutional investors. In comparison, 2.4% of Argo Blockchain’s shares are held by institutional investors. 1.1% of Bit Origin’s shares are held by company insiders. A high level of institutional ownership indicates that large asset managers, hedge funds, and endowments believe that the company will outperform the market in the long term.
Volatility and Risk
Bit Origin’s beta is 1.33, indicating that the company’s stock price is 33% more volatile than the S&P 500. In comparison, Argo Blockchain’s beta is 1.9, indicating that the company’s stock price is 90% more volatile than the S&P 500.
summary
Argo Blockchain outperforms Bit Origin in six of the 11 factors comparing the two stocks.
About BitOrigin
(Get your free report)
Bit Origin Ltd operates cryptocurrency mining operations in the United States through its subsidiaries. It is also working on the adoption of blockchain technology. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was founded in 2018 and is based in Singapore, Singapore.
About Argo Blockchain
(Get your free report)
Argo Blockchain plc, together with its subsidiaries, is engaged in the mining of Bitcoin and other cryptocurrencies worldwide. The company is involved in mining special-purpose 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 founded in 2017 and is based in London, UK.
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