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

Bragg Gaming Group Inc. (TSE:BRAG)’s share price fell 2.6% 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’s 50-day simple moving average is C$2.30 and its 200-day simple moving average is C$2.41. The firm has a market capitalization of C$57.78 million, a PE ratio of -6.20 and a beta of 0.16. The company has a quick ratio of 1.05, a current ratio of 0.89 and a debt-to-equity ratio of 10.53.

Bragg Gaming Group (TSE:BRAG) last released its quarterly earnings data on Thursday, August 13th. The company reported C($0.18) 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 company had revenue of C$37.12 million during the quarter. Equities analysts expect that Bragg Gaming Group Inc. will post 0.0149271 earnings per share 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.