Adit EdTech Acquisition (NYSE:ADEX – Get Rating) and Argo Blockchain (NASDAQ:ARBK – Get Rating) are both small-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, dividends, valuation, profitability, earnings and institutional ownership.
Valuation & Earnings
This table compares Adit EdTech Acquisition and Argo Blockchain’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Adit EdTech Acquisition||N/A||N/A||-$2.63 million||N/A||N/A|
|Argo Blockchain||$102.04 million||0.69||$42.31 million||N/A||N/A|
Argo Blockchain has higher revenue and earnings than Adit EdTech Acquisition.
Volatility and Risk
Institutional & Insider Ownership
76.3% of Adit EdTech Acquisition shares are held by institutional investors. Comparatively, 1.8% of Argo Blockchain shares are held by institutional investors. 0.1% of Adit EdTech Acquisition shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
This table compares Adit EdTech Acquisition and Argo Blockchain’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Adit EdTech Acquisition||N/A||-17.15%||0.93%|
This is a summary of recent ratings for Adit EdTech Acquisition and Argo Blockchain, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Adit EdTech Acquisition||0||0||0||0||N/A|
Argo Blockchain has a consensus price target of $9.00, indicating a potential upside of 512.24%. Given Argo Blockchain’s higher possible upside, analysts plainly believe Argo Blockchain is more favorable than Adit EdTech Acquisition.
About Adit EdTech Acquisition
Adit EdTech Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
About Argo Blockchain
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 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 headquartered in London, the United Kingdom.
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