ESS Tech (NYSE:GWH – Get Free Report) and Oakridge Global Energy Solutions (OTCMKTS:OGES – Get Free Report) are both computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, risk, valuation, profitability and institutional ownership.
Insider & Institutional Ownership
46.8% of ESS Tech shares are held by institutional investors. 1.8% of ESS Tech shares are held by insiders. Comparatively, 90.8% of Oakridge Global Energy Solutions shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Profitability
This table compares ESS Tech and Oakridge Global Energy Solutions’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
ESS Tech | -982.87% | -77.52% | -54.41% |
Oakridge Global Energy Solutions | N/A | N/A | N/A |
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
ESS Tech | $7.43 million | 148.85 | -$77.58 million | ($0.45) | -14.04 |
Oakridge Global Energy Solutions | N/A | N/A | N/A | N/A | N/A |
Oakridge Global Energy Solutions has lower revenue, but higher earnings than ESS Tech.
Analyst Ratings
This is a summary of current ratings and recommmendations for ESS Tech and Oakridge Global Energy Solutions, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
ESS Tech | 0 | 3 | 3 | 1 | 2.71 |
Oakridge Global Energy Solutions | 0 | 0 | 0 | 0 | N/A |
ESS Tech presently has a consensus price target of $0.10, indicating a potential downside of 98.47%.
About ESS Tech
ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.
About Oakridge Global Energy Solutions
Oakridge Global Energy Solutions, Inc., a development stage company, provides energy storage solutions in the United States. Its principal products include lithium ion large format prismatic cells; small format prismatic cells; and battery modules. The company distributes its products through a business development and preliminary sales team. The company was formerly known as Oak Ridge Energy Technologies, Inc. and changed its name to Oakridge Global Energy Solutions, Inc. in November 2014. Oakridge Global Energy Solutions, Inc. was incorporated in 1986 and is headquartered in Palm Bay, Florida.
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