Contrasting Hitek Global (NASDAQ:HKIT) and Agrify (NASDAQ:AGFY)

Agrify (NASDAQ:AGFY) and Hitek Global (NASDAQ:HKIT) are both business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, earnings, profitability and analyst recommendations.

Profitability

This table compares Agrify and Hitek Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Agrify	-424.11%	-185.90%	-72.67%
Hitek Global	N/A	N/A	N/A

Risk & Volatility

Agrify has a beta of 9.96, suggesting that its stock price is 896% more volatile than the S&P 500. Comparatively, Hitek Global has a beta of 1.43, suggesting that its stock price is 43% more volatile than the S&P 500.

Insider and Institutional Ownership

6.0% of Agrify shares are owned by institutional investors. Comparatively, 1.2% of Hitek Global shares are owned by institutional investors. 2.2% of Agrify shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Agrify and Hitek Global”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Agrify	$12.26 million	2.75	-$41.75 million	($22.65)	-0.74
Hitek Global	$2.90 million	N/A	-$900,000.00	N/A	N/A

Hitek Global has lower revenue, but higher earnings than Agrify.

Analyst Recommendations

This is a summary of recent recommendations for Agrify and Hitek Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Agrify	0	0	0	0	0.00
Hitek Global	1	0	0	0	1.00

Summary

Hitek Global beats Agrify on 5 of the 9 factors compared between the two stocks.

About Agrify

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. The company also provides associated services comprising consulting, engineering, and construction. In addition, the company offers hydrocarbon, alcohol, solventless, post-processing, and lab equipment, as well as provides indoor farming solutions. In addition, it offers equipment and services in a contract and purchase order. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Troy, Michigan.

About Hitek Global

Hitek Global Inc. provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. It offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers, desktop computers, and related accessories, as well as Internet servers, cameras, and monitors. The company was founded in 1996 and is headquartered in Xiamen, China.