Bragg Gaming Group (TSE:BRAG) Shares Down 3.4% – Here’s What Happened

Bragg Gaming Group Inc. (TSE:BRAG) shares dropped 3.4% during mid-day trading on Monday . The company traded as low as C$2.11 and last traded at C$2.28. 25,824 shares traded hands during mid-day trading, an increase of 28% from the average daily volume of 20,173 shares. The stock had previously closed at C$2.36.

Bragg Gaming Group Trading Up 9.4%

The firm has a market capitalization of C$61.47 million, a PE ratio of -8.96 and a beta of 0.33. The company has a quick ratio of 1.05, a current ratio of 0.94 and a debt-to-equity ratio of 10.64. The stock’s fifty day simple moving average is C$2.41 and its 200 day simple moving average is C$2.59.

Bragg Gaming Group (TSE:BRAG) last issued its quarterly earnings results on Thursday, May 14th. The company reported C($0.08) earnings per share for the quarter. The business had revenue of C$41.28 million for the quarter. Bragg Gaming Group had a negative return on equity of 10.44% and a negative net margin of 6.27%. On average, sell-side 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 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.