Bragg Gaming Group (TSE:BRAG) Shares Down 3.2% – Here’s What Happened

Bragg Gaming Group Inc. (TSE:BRAG) shares traded down 3.2% during trading on Monday . The company traded as low as C$2.37 and last traded at C$2.43. Approximately 7,117 shares were traded during trading, a decline of 67% from the average daily volume of 21,470 shares. The stock had previously closed at C$2.51.

Bragg Gaming Group Stock Performance

The firm has a market capitalization of C$64.11 million, a P/E ratio of -9.35 and a beta of 0.31. The business’s 50 day moving average is C$2.50 and its two-hundred day moving average is C$2.64. The company has a quick ratio of 1.05, a current ratio of 0.94 and a debt-to-equity ratio of 10.64.

Bragg Gaming Group (TSE:BRAG) last announced its earnings results on Thursday, May 14th. The company reported C($0.08) earnings per share (EPS) for the quarter. The company had revenue of C$41.28 million during the quarter. Bragg Gaming Group had a negative net margin of 6.27% and a negative return on equity of 10.44%. Analysts expect that Bragg Gaming Group Inc. will post 0.0149271 EPS for the current year.

Bragg Gaming Group Company Profile

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.