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.

Bragg Gaming Group Inc. (TSE:BRAG - Get Free Report) fell 20.1% on Thursday . The company traded as low as C$4.20 and last traded at C$4.21. 103,448 shares traded hands during mid-day trading, an increase of 470% from the average session volume of 18,138 shares. The stock had previously closed at C$5.27.

Bragg Gaming Group Stock Performance

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 has a market capitalization of C$67.04 million, a P/E ratio of -12.07 and a beta of 0.93. The stock's 50 day simple moving average is C$5.74 and its two-hundred day simple moving average is C$6.06.

Bragg Gaming Group Company Profile

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.