Bragg Gaming Group (TSE:BRAG) Stock Price Down 9.2% – What’s Next?

Bragg Gaming Group Inc. (TSE:BRAG)’s stock price was down 9.2% during trading on Thursday. The stock traded as low as C$1.15 and last traded at C$1.18. 19,550 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 16,910 shares. The stock had previously closed at C$1.30.

Bragg Gaming Group Trading Down 9.2%

The company’s fifty day moving average price is C$1.74 and its two-hundred day moving average price is C$2.29. The company has a current ratio of 0.89, a quick ratio of 1.05 and a debt-to-equity ratio of 10.53. The firm has a market cap of C$36.65 million, a P/E ratio of -3.93 and a beta of 0.03.

Bragg Gaming Group (TSE:BRAG) last posted its quarterly earnings data on Thursday, August 13th. The company reported C($0.18) earnings per share 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, sell-side analysts predict that Bragg Gaming Group Inc. will post 0.01 EPS for the current fiscal 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.