Bragg Gaming Group (TSE:BRAG) Shares Down 0.8% - What's Next?

Key Points

• Shares fell 0.8% to C$2.61 (intraday low C$2.49) on very light trading—about 965 shares, roughly a 97% drop from the 32,029 average—and the stock trades near its 50‑day MA (C$2.52) but below its 200‑day MA (C$3.07).
• Company remains unprofitable: Bragg reported C($0.08) EPS last quarter with a negative net margin (−7.26%) and negative ROE, has a market cap of C$66.75M, and analysts forecast roughly break‑even EPS for the year.

Bragg Gaming Group Inc. (TSE:BRAG - Get Free Report)'s share price dropped 0.8% on Thursday . The company traded as low as C$2.49 and last traded at C$2.61. Approximately 965 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 32,029 shares. The stock had previously closed at C$2.63.

Bragg Gaming Group Trading Down 0.8%

The company has a quick ratio of 1.05, a current ratio of 0.97 and a debt-to-equity ratio of 12.13. The company has a market capitalization of C$66.75 million, a P/E ratio of -8.16 and a beta of 0.30. The firm's 50-day moving average price is C$2.52 and its 200 day moving average price is C$3.07.

Bragg Gaming Group (TSE:BRAG - Get Free Report) last announced its quarterly earnings results on Thursday, March 19th. The company reported C($0.08) earnings per share for the quarter. The business had revenue of C$42.73 million during the quarter. Bragg Gaming Group had a negative net margin of 7.26% and a negative return on equity of 11.87%. As a group, equities research analysts predict 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 an iGaming content and turnkey technology solutions provider serving online and land-based gaming operators with its proprietary and exclusive content, and cutting-edge 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. Its proprietary content portfolio is complemented by a cross section of exclusive titles from carefully selected studio partners under the Powered By Bragg program.

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