Bragg Gaming Group (TSE:BRAG) Shares Down 14% – What’s Next?

Bragg Gaming Group Inc. (TSE:BRAG)’s stock price dropped 14% during trading on Friday . The stock traded as low as C$2.10 and last traded at C$2.22. Approximately 99,454 shares were traded during trading, an increase of 287% from the average daily volume of 25,671 shares. The stock had previously closed at C$2.58.

Bragg Gaming Group Trading Down 14.0%

The stock has a market capitalization of C$56.77 million, a P/E ratio of -6.94 and a beta of 0.18. The firm’s 50 day moving average price is C$2.57 and its 200 day moving average price is C$2.81. The company has a debt-to-equity ratio of 10.64, a current ratio of 0.94 and a quick ratio of 1.05.

Bragg Gaming Group (TSE:BRAG) last issued its quarterly earnings data on Thursday, May 14th. The company reported C($0.08) EPS for the quarter. The firm had revenue of C$41.28 million for the quarter. Bragg Gaming Group had a negative net margin of 5.91% and a negative return on equity of 9.91%. As a group, equities research analysts expect that Bragg Gaming Group Inc. will post 0.0149271 earnings per share for the current fiscal 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.