Bragg Gaming Group (TSE:BRAG) Stock Price Down 3.2% – Here’s What Happened

by · The Markets Daily

Bragg Gaming Group Inc. (TSE:BRAG – Get Free Report) dropped 3.2% during mid-day trading on Monday . The stock traded as low as C$2.37 and last traded at C$2.43. Approximately 7,117 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 21,470 shares. The stock had previously closed at C$2.51.

Bragg Gaming Group Price Performance

The stock’s 50-day moving average price is C$2.51 and its 200 day moving average price is C$2.64. The firm has a market cap of C$64.11 million, a price-to-earnings ratio of -9.35 and a beta of 0.31. The company has a quick ratio of 1.05, a current ratio of 0.94 and a debt-to-equity ratio of 10.64.

Bragg Gaming Group (TSE:BRAG – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported C($0.08) earnings per share for the quarter. Bragg Gaming Group had a negative net margin of 6.27% and a negative return on equity of 10.44%. The company had revenue of C$41.28 million during the quarter. Equities research analysts predict that Bragg Gaming Group Inc. will post 0.0149271 earnings per share for the current year.

About Bragg Gaming Group

(Get Free Report)

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a leading iGaming content and platform technology solutions provider serving online casino, sports betting and lottery operators with its proprietary, exclusive and aggregated casino games content, and its cutting-edge player account management (‘PAM’) and player engagement technology. Bragg Studios offer high-performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic.

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