Quetta Acquisition (NASDAQ:QETA) versus Currenc Group (NASDAQ:CURR) Critical Review

Quetta Acquisition (NASDAQ:QETA) and Currenc Group (NASDAQ:CURR) are both small-cap financial services companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

Risk and Volatility

Quetta Acquisition has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500. Comparatively, Currenc Group has a beta of -0.13, suggesting that its stock price is 113% less volatile than the S&P 500.

Insider and Institutional Ownership

84.3% of Quetta Acquisition shares are owned by institutional investors. Comparatively, 56.0% of Currenc Group shares are owned by institutional investors. 17.8% of Currenc Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Quetta Acquisition and Currenc Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Quetta Acquisition	N/A	N/A	N/A
Currenc Group	-102.10%	N/A	-39.14%

Earnings and Valuation

This table compares Quetta Acquisition and Currenc Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Quetta Acquisition	N/A	N/A	N/A	N/A	N/A
Currenc Group	$46.44 million	1.67	-$39.47 million	($1.06)	-1.58

Quetta Acquisition has higher earnings, but lower revenue than Currenc Group.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Quetta Acquisition and Currenc Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Quetta Acquisition	0	0	0	0	0.00
Currenc Group	0	0	1	1	3.50

Currenc Group has a consensus target price of $3.50, indicating a potential upside of 109.58%. Given Currenc Group’s stronger consensus rating and higher possible upside, analysts plainly believe Currenc Group is more favorable than Quetta Acquisition.

Summary

Currenc Group beats Quetta Acquisition on 6 of the 10 factors compared between the two stocks.

About Quetta Acquisition

Quetta Acquisition Corporation focuses on effecting a merger, capital stock exchange, share purchase, asset acquisition, recapitalization, reorganization, or related business combination with one or more businesses. It intends to focus on financial technology sector in Asia. The company was incorporated in 2023 and is based in New York, New York.

About Currenc Group

Currenc Group, Inc. engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.