MOVE vs. ECOR, POCI, QTI, NRXS, BSGM, HYPR, EYEN, SLGL, ACXP, and ALRN
Should you be buying Movano stock or one of its competitors? The main competitors of Movano include electroCore (ECOR), Precision Optics (POCI), QT Imaging (QTI), NeurAxis (NRXS), BioSig Technologies (BSGM), Hyperfine (HYPR), Eyenovia (EYEN), Sol-Gel Technologies (SLGL), Acurx Pharmaceuticals (ACXP), and Aileron Therapeutics (ALRN). These companies are all part of the "medical" sector.
Movano (NASDAQ:MOVE) and electroCore (NASDAQ:ECOR) are both small-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their risk, analyst recommendations, community ranking, institutional ownership, media sentiment, valuation, dividends, earnings and profitability.
Movano has a beta of 0.29, suggesting that its share price is 71% less volatile than the S&P 500. Comparatively, electroCore has a beta of 0.91, suggesting that its share price is 9% less volatile than the S&P 500.
Movano received 19 more outperform votes than electroCore when rated by MarketBeat users. Likewise, 70.66% of users gave Movano an outperform vote while only 62.12% of users gave electroCore an outperform vote.
In the previous week, Movano had 10 more articles in the media than electroCore. MarketBeat recorded 11 mentions for Movano and 1 mentions for electroCore. Movano's average media sentiment score of 0.49 beat electroCore's score of 0.00 indicating that Movano is being referred to more favorably in the media.
16.6% of Movano shares are owned by institutional investors. Comparatively, 26.7% of electroCore shares are owned by institutional investors. 8.6% of Movano shares are owned by company insiders. Comparatively, 13.1% of electroCore shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Movano has a net margin of 0.00% compared to electroCore's net margin of -117.49%. electroCore's return on equity of -201.47% beat Movano's return on equity.
electroCore has a consensus target price of $10.00, indicating a potential upside of 79.21%. Given electroCore's higher possible upside, analysts plainly believe electroCore is more favorable than Movano.
electroCore has higher revenue and earnings than Movano. electroCore is trading at a lower price-to-earnings ratio than Movano, indicating that it is currently the more affordable of the two stocks.
Summary
electroCore beats Movano on 9 of the 16 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding MOVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This 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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