ATB Cormark Capital Markets Cuts Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) Price Target to C$3.70

Bragg Gaming Group Inc. (BRAG.V) (CVE:BRAG) had its target price reduced by analysts at ATB Cormark Capital Markets from C$6.80 to C$3.70 in a report issued on Tuesday, BayStreet reports. The firm currently has an “outperform” rating on the stock. ATB Cormark Capital Markets’ price objective indicates a potential upside of 53.53% from the company’s current price.

Bragg Gaming Group Inc. (BRAG.V) Price Performance

CVE:BRAG traded up C$0.07 during trading hours on Tuesday, hitting C$2.41. 1,336,291 shares of the company’s stock traded hands, compared to its average volume of 2,424,880. Bragg Gaming Group Inc. has a 52 week low of C$0.15 and a 52 week high of C$2.67. The business’s fifty day simple moving average is C$2.41 and its two-hundred day simple moving average is C$2.41. The company has a quick ratio of 0.26, a current ratio of 0.28 and a debt-to-equity ratio of 135.94. The firm has a market cap of C$284.25 million and a P/E ratio of -12.96.

Bragg Gaming Group Inc. (BRAG.V) Company Profile

Bragg Gaming Group Inc provides B2B online gaming technology services worldwide. It offers turnkey solution, including an omni-channel retail, online, and mobile iGaming platforms, as well as casino content aggregator, lottery, marketing, and operational services. The company also provides GIVEMESPORT, a Facebook sport publisher; and GIVEMEBET, a sports book. Bragg Gaming Group Inc is headquartered in Toronto, Canada.