Bragg Gaming Group (TSE:BRAG) Shares Down 2% – What’s Next?

Shares of Bragg Gaming Group Inc. (TSE:BRAG) were down 2% during mid-day trading on Tuesday. The stock traded as low as C$1.99 and last traded at C$2.00. Approximately 1,660 shares were traded during trading, a decline of 91% from the average daily volume of 18,777 shares. The stock had previously closed at C$2.04.

Bragg Gaming Group Stock Down 3.5%

The company has a market cap of C$60.26 million, a price-to-earnings ratio of -6.47 and a beta of 0.12. The company has a debt-to-equity ratio of 10.53, a current ratio of 0.89 and a quick ratio of 1.05. The firm has a 50-day moving average price of C$2.11 and a 200 day moving average price of C$2.36.

Bragg Gaming Group (TSE:BRAG) last released its quarterly earnings results on Thursday, August 13th. The company reported C($0.18) earnings per share (EPS) for the quarter. The firm had revenue of C$37.12 million during the quarter. Bragg Gaming Group had a negative net margin of 7.47% and a negative return on equity of 12.40%. Sell-side analysts predict that Bragg Gaming Group Inc. will post 0.0149271 EPS for the current year.

Bragg Gaming Group Company Profile

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.