Financial Analysis: Soluna (NASDAQ:SLNH) versus Alpha Technology Group (NASDAQ:ATGL)

Soluna (NASDAQ:SLNH) and Alpha Technology Group (NASDAQ:ATGL) are both small-cap technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, risk, profitability, valuation, analyst recommendations, dividends and institutional ownership.

Analyst Ratings

This is a summary of current recommendations for Soluna and Alpha Technology Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	1	1	1	0	2.00
Alpha Technology Group	1	0	0	0	1.00

Soluna presently has a consensus target price of $4.00, suggesting a potential upside of 280.95%. Given Soluna’s stronger consensus rating and higher possible upside, analysts plainly believe Soluna is more favorable than Alpha Technology Group.

Profitability

This table compares Soluna and Alpha Technology Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Soluna	-182.16%	-52.19%	-32.17%
Alpha Technology Group	N/A	N/A	N/A

Risk & Volatility

Soluna has a beta of 5.07, meaning that its stock price is 407% more volatile than the S&P 500. Comparatively, Alpha Technology Group has a beta of 3.26, meaning that its stock price is 226% more volatile than the S&P 500.

Insider & Institutional Ownership

23.2% of Soluna shares are held by institutional investors. 15.5% of Soluna shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Soluna and Alpha Technology Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Soluna	$29.72 million	8.72	-$53.41 million	($1.12)	-0.94
Alpha Technology Group	$950,000.00	106.34	-$9.05 million	N/A	N/A

Alpha Technology Group has lower revenue, but higher earnings than Soluna.

Summary

Soluna beats Alpha Technology Group on 7 of the 12 factors compared between the two stocks.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

About Alpha Technology Group

Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems. It serves customers from various industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, social services, etc. The company was incorporated in 2022 and is based in Kwun Tong, Hong Kong.