Allegro Merger Corp. (ALGR)’s Financial Results Comparing With GTY Technology Holdings Inc. (NASDAQ:GTYH)

We will be contrasting the differences between Allegro Merger Corp. (NASDAQ:ALGR) and GTY Technology Holdings Inc. (NASDAQ:GTYH) as far as risk, analyst recommendations, profitability, dividends, institutional ownership, earnings and valuation are concerned. The two businesses are rivals in the Conglomerates industry.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Allegro Merger Corp. 10 0.00 N/A 0.06 160.00
GTY Technology Holdings Inc. 8 116.63 N/A -0.96 0.00

Table 1 highlights Allegro Merger Corp. and GTY Technology Holdings Inc.’s gross revenue, earnings per share and valuation.

Profitability

Table 2 represents Allegro Merger Corp. (NASDAQ:ALGR) and GTY Technology Holdings Inc. (NASDAQ:GTYH)’s net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
Allegro Merger Corp. 0.00% 0% 0%
GTY Technology Holdings Inc. 0.00% -10.1% -9%

Analyst Recommendations

Recommendations and Ratings for Allegro Merger Corp. and GTY Technology Holdings Inc. can be find in next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Allegro Merger Corp. 0 0 0 0.00
GTY Technology Holdings Inc. 0 1 0 2.00

GTY Technology Holdings Inc. on the other hand boasts of a $7 average target price and a 11.64% potential upside.

Institutional and Insider Ownership

Roughly 64.72% of Allegro Merger Corp. shares are held by institutional investors while 29.9% of GTY Technology Holdings Inc. are owned by institutional investors. Allegro Merger Corp.’s share held by insiders are 15%. On the other hand, insiders held about 0.5% of GTY Technology Holdings Inc.’s shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Allegro Merger Corp. -0.1% 0.7% 2.02% 5.77% 0% 3.38%
GTY Technology Holdings Inc. -1.83% -5.18% -23.35% -31.76% -30.4% -30.75%

For the past year Allegro Merger Corp. has 3.38% stronger performance while GTY Technology Holdings Inc. has -30.75% weaker performance.

Summary

Allegro Merger Corp. beats GTY Technology Holdings Inc. on 6 of the 9 factors.

Allegro Merger Corp. intends to merge, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, one or more businesses or entities. The company was founded in 2017 and is based in New York, New York.

GTY Technology Holdings Inc. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2016 and is based in Las Vegas, Nevada.

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