Bit Digital (NASDAQ:BTBT) and Soluna (NASDAQ:SLNH), two small-cap business services companies, have been compared based on various investment factors. Bit Digital emerges as the stronger investment option, outperforming Soluna in all 13 factors analyzed.
In terms of earnings and valuation, Bit Digital boasts higher revenue and earnings compared to Soluna. Additionally, Soluna is currently trading at a lower price-to-earnings ratio, indicating it is the more affordable stock.
Institutional and insider ownership also favor Bit Digital, with higher levels of institutional ownership indicating greater confidence in the company’s prospects.
Analyst ratings further support Bit Digital’s superiority, as it has a consensus target price of $6.00, suggesting a potential upside of 124.72%. This indicates that equities research analysts believe Bit Digital is more favorable than Soluna.
Bit Digital’s profitability metrics, including net margins, return on equity, and return on assets, also surpass those of Soluna.
When considering volatility and risk, Bit Digital exhibits a higher beta of 4.9, making its stock price 390% more volatile than the S&P 500. Soluna, on the other hand, has a beta of 2.96, indicating its stock price is 196% more volatile than the S&P 500.
In summary, Bit Digital outperforms Soluna in all aspects analyzed, making it the more attractive investment option.
Bit Digital, headquartered in New York, New York, engages in bitcoin mining, treasury management activities, digital asset staking and mining, and specialized cloud-infrastructure services for artificial intelligence applications.