Contrasting Digihost Technology (NASDAQ:DGHI) and Griid Infrastructure (NASDAQ:GRDI)

Digihost Technology (NASDAQ:DGHI) and Griid Infrastructure (NASDAQ:GRDI) are both small-cap business services companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, earnings, risk, profitability and valuation.

Earnings and Valuation

This table compares Digihost Technology and Griid Infrastructure”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Digihost Technology	$26.11 million	2.36	-$21.89 million	($0.54)	-3.46
Griid Infrastructure	$19.62 million	0.44	-$18.66 million	N/A	N/A

Griid Infrastructure has lower revenue, but higher earnings than Digihost Technology.

Profitability

This table compares Digihost Technology and Griid Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Digihost Technology	-27.10%	-26.99%	-20.02%
Griid Infrastructure	N/A	-44.60%	51.28%

Risk and Volatility

Digihost Technology has a beta of 5.25, meaning that its stock price is 425% more volatile than the S&P 500. Comparatively, Griid Infrastructure has a beta of -0.39, meaning that its stock price is 139% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Digihost Technology and Griid Infrastructure, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Digihost Technology	0	0	1	0	3.00
Griid Infrastructure	0	0	0	0	0.00

Digihost Technology presently has a consensus target price of $2.50, indicating a potential upside of 33.69%. Given Digihost Technology’s stronger consensus rating and higher possible upside, equities analysts plainly believe Digihost Technology is more favorable than Griid Infrastructure.

Institutional and Insider Ownership

1.9% of Digihost Technology shares are owned by institutional investors. Comparatively, 77.8% of Griid Infrastructure shares are owned by institutional investors. 0.3% of Griid Infrastructure shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Digihost Technology beats Griid Infrastructure on 7 of the 12 factors compared between the two stocks.

About Digihost Technology

Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc. was incorporated in 2017 and is headquartered in Houston, Texas.

About Griid Infrastructure

Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.