ABAT vs. SPRU, KORE, CODA, FLUX, SOTK, SNCR, AUID, STCN, ASYS, and SURG
Should you be buying American Battery Technology stock or one of its competitors? The main competitors of American Battery Technology include Spruce Power (SPRU), KORE Group (KORE), Coda Octopus Group (CODA), Flux Power (FLUX), Sono-Tek (SOTK), Synchronoss Technologies (SNCR), authID (AUID), Steel Connect (STCN), Amtech Systems (ASYS), and SurgePays (SURG). These companies are all part of the "computer and technology" sector.
Spruce Power (NYSE:SPRU) and American Battery Technology (NASDAQ:ABAT) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, risk, profitability, institutional ownership, earnings, valuation, media sentiment, dividends and analyst recommendations.
American Battery Technology received 1 more outperform votes than Spruce Power when rated by MarketBeat users.
20.8% of Spruce Power shares are held by institutional investors. Comparatively, 9.9% of American Battery Technology shares are held by institutional investors. 9.5% of Spruce Power shares are held by company insiders. Comparatively, 4.0% of American Battery Technology shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
American Battery Technology has a net margin of 0.00% compared to American Battery Technology's net margin of -82.70%. American Battery Technology's return on equity of -7.24% beat Spruce Power's return on equity.
American Battery Technology has lower revenue, but higher earnings than Spruce Power.
American Battery Technology has a consensus target price of $6.00, indicating a potential upside of 347.76%. Given Spruce Power's higher possible upside, analysts clearly believe American Battery Technology is more favorable than Spruce Power.
In the previous week, Spruce Power had 1 more articles in the media than American Battery Technology. MarketBeat recorded 6 mentions for Spruce Power and 5 mentions for American Battery Technology. American Battery Technology's average media sentiment score of 0.40 beat Spruce Power's score of 0.00 indicating that Spruce Power is being referred to more favorably in the media.
Summary
Spruce Power beats American Battery Technology on 7 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ABAT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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