Critical Survey: YAYYO (OTCMKTS:YAYO) versus Freight Technologies (NASDAQ:FRGT)

Freight Technologies (NASDAQ:FRGT) and YAYYO (OTCMKTS:YAYO) are both transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, dividends, risk, valuation, profitability, analyst recommendations and institutional ownership.

Earnings and Valuation

This table compares Freight Technologies and YAYYO”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Freight Technologies	$13.73 million	0.10	-$5.60 million	($3.49)	-0.70
YAYYO	$12.56 million	N/A	-$7.14 million	($0.06)	N/A

Freight Technologies has higher revenue and earnings than YAYYO. Freight Technologies is trading at a lower price-to-earnings ratio than YAYYO, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Freight Technologies and YAYYO’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Freight Technologies	-40.28%	-73.48%	-31.24%
YAYYO	N/A	N/A	N/A

Volatility and Risk

Freight Technologies has a beta of 1.13, suggesting that its stock price is 13% more volatile than the S&P 500. Comparatively, YAYYO has a beta of 0.63, suggesting that its stock price is 37% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and target prices for Freight Technologies and YAYYO, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Freight Technologies	1	0	0	0	1.00
YAYYO	0	0	0	0	0.00

Given YAYYO’s higher probable upside, analysts clearly believe YAYYO is more favorable than Freight Technologies.

Insider and Institutional Ownership

6.2% of Freight Technologies shares are held by institutional investors. 9.0% of Freight Technologies shares are held by company insiders. Comparatively, 17.8% of YAYYO shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

YAYYO beats Freight Technologies on 6 of the 11 factors compared between the two stocks.

About Freight Technologies

Freight Technologies, Inc., through its subsidiary, operates a transportation logistics technology platform for cross-border shipping in the United States and Mexico. Its Fr8App technology platform offers an online portal and a mobile application that provide third-party logistics services to companies in the freight transportation market; a transport management solution for customers to manage their own fleet; and freight brokerage support and customer services based on the platform. The company was incorporated in 2015 and is headquartered in The Woodlands, Texas.

About YAYYO

EVmo, Inc., through its subsidiaries, engages in the ridesharing and vehicle rental businesses in the United States. It operates Rideshare Platform, an online bookings platform which maintains a fleet of passenger vehicles and transit vans for use in last-mile logistical space to rent drivers in the ridesharing and delivery gig companies. The company was formerly known as Rideshare Rental, Inc. and changed its name to EVmo, Inc. in February 2021.EVmo, Inc. was incorporated in 2016 and is headquartered in Manhattan Beach, California.