Bragg Gaming Group (TSE:BRAG) Stock Jumps 0.6% – What’s Next?

Bragg Gaming Group Inc. (TSE:BRAG) shot up 0.6% on Wednesday. The stock traded as high as C$1.74 and last traded at C$1.74. 1,000 shares changed hands during trading, a decline of 94% from the average daily volume of 17,743 shares. The stock had previously closed at C$1.73.

Bragg Gaming Group Stock Performance

The stock has a fifty day simple moving average of C$1.93 and a two-hundred day simple moving average of C$2.29. The stock has a market cap of C$55.91 million, a price-to-earnings ratio of -6.00 and a beta of 0.16. The company has a debt-to-equity ratio of 10.53, a quick ratio of 1.05 and a current ratio of 0.89.

Bragg Gaming Group (TSE:BRAG) last issued its quarterly earnings results on Thursday, August 13th. The company reported C($0.18) earnings per share (EPS) for the quarter. Bragg Gaming Group had a negative net margin of 7.47% and a negative return on equity of 12.40%. The business had revenue of C$37.12 million during the quarter. Analysts expect that Bragg Gaming Group Inc. will post 0.01 EPS 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.