Critical Review: Titan Medical (NASDAQ:TMDIF) and Assure (OTCMKTS:IONM)

Volatility and Risk

Titan Medical has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500. Comparatively, Assure has a beta of 219.8, suggesting that its share price is 21,880% more volatile than the S&P 500.

Profitability

This table compares Titan Medical and Assure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Titan Medical	N/A	-82.31%	-51.47%
Assure	N/A	N/A	N/A

Valuation and Earnings

This table compares Titan Medical and Assure”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Titan Medical	$17.63 million	2.25	$6.95 million	$0.05	6.95
Assure	$250,000.00	0.01	-$26.08 million	($56.12)	0.00

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

Institutional and Insider Ownership

0.0% of Titan Medical shares are held by institutional investors. Comparatively, 3.3% of Assure shares are held by institutional investors. 0.0% of Titan Medical shares are held by company insiders. Comparatively, 3.8% of Assure shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Assure beats Titan Medical on 6 of the 10 factors compared between the two stocks.

About Titan Medical

Titan Medical Inc. operates as a medical technology company. It focuses on the development and licensing of robotic assisted surgical technologies. The company is headquartered in Toronto, Canada.

About Assure

Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services in the United States. It offers services in the areas of neurosurgery, spine, cardiovascular, orthopedic, ear, nose, throat, and other surgical procedures. The company delivers various clinical and operational services, including scheduling of the interoperative neurophysiologist and supervising practitioner, real time monitoring, patient advocacy, and billing services to support surgeons and medical facilities during invasive procedures. Assure Holdings Corp. is based in Englewood, Colorado.