Bragg Gaming Group (TSE:BRAG) Trading Down 20.1% - Time to Sell?

Key Points

• Shares of Bragg Gaming Group fell by 20.1%, trading as low as C$4.20, with significant trading volume increased by 470% compared to the average.
• The company currently has a market cap of C$72.37 million and a negative PE ratio of -13.03.
• Bragg Gaming Group is a provider of iGaming content and technology solutions, offering casino game titles developed by its in-house brands.

Shares of Bragg Gaming Group Inc. (TSE:BRAG - ) dropped 20.1% on Thursday . The stock traded as low as C$4.20 and last traded at C$4.21. Approximately 103,448 shares changed hands during trading, an increase of 470% from the average daily volume of 18,138 shares. The stock had previously closed at C$5.27.

Bragg Gaming Group Trading Down 20.1%

The company has a market cap of C$72.37 million, a PE ratio of -13.03 and a beta of 0.93. The company has a debt-to-equity ratio of 13.32, a current ratio of 1.11 and a quick ratio of 1.05. The company's 50 day simple moving average is C$5.88 and its two-hundred day simple moving average is C$6.14.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.