Brag House (NASDAQ:TBH) Announces Quarterly Earnings Results

Brag House (NASDAQ:TBH) posted its quarterly earnings data on Friday. The company reported ($0.07) EPS for the quarter, FiscalAI reports.

Brag House Stock Performance

Shares of Brag House stock traded down $0.04 during trading on Friday, hitting $0.82. The stock had a trading volume of 597,057 shares, compared to its average volume of 761,826. The stock has a market capitalization of $19.27 million, a price-to-earnings ratio of -0.51 and a beta of 11.64. Brag House has a 12 month low of $0.21 and a 12 month high of $2.44. The company’s 50-day moving average price is $0.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Brag House stock. Millennium Management LLC bought a new stake in Brag House Holdings, Inc. (NASDAQ:TBH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 172,718 shares of the company’s stock, valued at approximately $69,000. Millennium Management LLC owned about 0.82% of Brag House as of its most recent SEC filing.

Analyst Ratings Changes

Several research firms have issued reports on TBH. Wall Street Zen downgraded Brag House to a “strong sell” rating in a research report on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Brag House in a research report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Brag House currently has an average rating of “Sell”.

About Brag House

Brag House offers an integrated electronic video game sports, or esports, platform designed for casual gamers and their friends to experience the fun, passion, intensity and excitement of college sports rivalries in an organic, inclusive and personalized gaming environment, while creating authentic pathway for brands to connect with our Generation Z (“Gen Z”) audience. The vision for Brag House began with our founders — co-founder and Chief Executive Officer Lavell Juan Malloy, II and co-founder, Chief Operating Officer and Interim Chief Financial Officer Daniel Leibovich — who recognized a need in the gaming industry for an esports platform focused on the casual college gamer.