Head to Head Survey: Electra Battery Materials (NASDAQ:ELBM) & Axion Power International (OTCMKTS:AXPWQ)

Axion Power International (OTCMKTS:AXPWQ) and Electra Battery Materials (NASDAQ:ELBM) are both computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, risk, analyst recommendations and valuation.

Analyst Recommendations

This is a summary of current ratings and target prices for Axion Power International and Electra Battery Materials, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Axion Power International	0	0	0	0	0.00
Electra Battery Materials	0	0	1	1	3.50

Electra Battery Materials has a consensus target price of $1.30, suggesting a potential upside of 170.89%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, analysts clearly believe Electra Battery Materials is more favorable than Axion Power International.

Profitability

This table compares Axion Power International and Electra Battery Materials’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Axion Power International	N/A	N/A	N/A
Electra Battery Materials	N/A	-39.33%	-19.52%

Valuation & Earnings

This table compares Axion Power International and Electra Battery Materials”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Axion Power International	N/A	N/A	N/A	N/A	N/A
Electra Battery Materials	N/A	N/A	-$47.90 million	($0.89)	-0.54

Institutional & Insider Ownership

32.9% of Electra Battery Materials shares are owned by institutional investors. 0.1% of Axion Power International shares are owned by company insiders. Comparatively, 22.7% of Electra Battery Materials shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk and Volatility

Axion Power International has a beta of -3.48, suggesting that its share price is 448% less volatile than the S&P 500. Comparatively, Electra Battery Materials has a beta of 2.61, suggesting that its share price is 161% more volatile than the S&P 500.

Summary

Electra Battery Materials beats Axion Power International on 7 of the 9 factors compared between the two stocks.

About Axion Power International

Axion Power International, Inc. focuses on PbC battery technology business. It offers hybrid asymmetric energy storage devices. The company was founded in 2003 and is based in Boardman, Ohio.

About Electra Battery Materials

Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.