Bragg Gaming Group (TSE:BRAG) Shares Down 7.1% - What's Next?

Key Points

• Shares of Bragg Gaming Group were down 7.1%, trading as low as C$2.60 and last at C$2.63 on thin volume (≈8,279 shares, about 70% below the average).
• The company remains unprofitable, reporting C($0.08) EPS for the quarter, a negative net margin of 7.26% and negative ROE, with a market cap of C$67.26 million and a negative PE of -8.22.
• Liquidity and technicals are mixed: the current ratio is 0.97 (below 1) and debt-to-equity is 12.13, while the stock sits above its 50‑day (C$2.46) but below its 200‑day (C$2.93) moving average.

Bragg Gaming Group Inc. (TSE:BRAG - Get Free Report)'s stock price dropped 7.1% on Thursday . The company traded as low as C$2.60 and last traded at C$2.63. Approximately 8,279 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 27,395 shares. The stock had previously closed at C$2.83.

Bragg Gaming Group Trading Down 7.1%

The stock has a market cap of C$67.26 million, a PE ratio of -8.22 and a beta of 0.11. The company's fifty day moving average is C$2.46 and its 200-day moving average is C$2.93. The company has a debt-to-equity ratio of 12.13, a current ratio of 0.97 and a quick ratio of 1.05.

Bragg Gaming Group (TSE:BRAG - Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The company reported C($0.08) EPS 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%. On average, analysts predict that Bragg Gaming Group Inc. will post 0.0149271 earnings per share 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.

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