Bright Green (NASDAQ:BGXX – Get Free Report) and Ascend Wellness (OTC:AAWH – Get Free Report) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk.
Risk and Volatility
Bright Green has a beta of -0.26, indicating that its stock price is 126% less volatile than the S&P 500. Comparatively, Ascend Wellness has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.
Profitability
This table compares Bright Green and Ascend Wellness’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Bright Green | N/A | -88.37% | -55.30% |
| Ascend Wellness | -15.47% | -72.18% | -9.55% |
Earnings and Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Bright Green | N/A | N/A | -$13.13 million | ($0.06) | N/A |
| Ascend Wellness | $518.59 million | 0.14 | -$48.21 million | ($0.40) | -0.82 |
Bright Green has higher earnings, but lower revenue than Ascend Wellness. Ascend Wellness is trading at a lower price-to-earnings ratio than Bright Green, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a breakdown of current recommendations for Bright Green and Ascend Wellness, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Bright Green | 0 | 0 | 0 | 0 | 0.00 |
| Ascend Wellness | 0 | 1 | 0 | 1 | 3.00 |
Given Bright Green’s higher probable upside, research analysts plainly believe Bright Green is more favorable than Ascend Wellness.
Institutional and Insider Ownership
7.8% of Bright Green shares are owned by institutional investors. Comparatively, 17.3% of Ascend Wellness shares are owned by institutional investors. 62.5% of Bright Green shares are owned by company insiders. Comparatively, 22.4% of Ascend Wellness 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.
Summary
Ascend Wellness beats Bright Green on 8 of the 13 factors compared between the two stocks.
About Bright Green
Bright Green Corporation focuses on the cultivation, manufacture, and sale of cannabis and cannabis-related products. Its products are used in research, pharmaceutical applications, and affiliated exports. The company was incorporated in 2019 and is based in Grants, New Mexico.
About Ascend Wellness
Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands. It also owns, operates, and manages cannabis cultivation facilities and dispensaries. The company sells its products through company-owned retail stores and third-party licensed retail cannabis stores. Ascend Wellness Holdings, Inc. was incorporated in 2018 and is headquartered in New York, New York.
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