Bragg Gaming Group (TSE:BRAG) Trading Down 2.6% – What’s Next?

Bragg Gaming Group Inc. (TSE:BRAG)’s stock price traded down 2.6% during mid-day trading on Tuesday . The stock traded as low as C$1.80 and last traded at C$1.86. Approximately 14,219 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 19,129 shares. The stock had previously closed at C$1.91.

Bragg Gaming Group Trading Down 2.6%

The firm has a market cap of C$57.78 million, a P/E ratio of -6.20 and a beta of 0.16. 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 stock has a 50 day moving average of C$2.30 and a 200 day moving average of C$2.41.

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

About Bragg Gaming Group

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.